Morning Notes – Friday August 25, 2017

Directional Bias For The Day: S&P Futures are higher Moving up since 3:30 AM test of Wednesday’s last hour low of 2437.50 Near the upper limit of a horizontal channel; a break above will have target near 2460.00-to-2463.00; strong resistance near 2454.75 Odds are for an up day – watch for break below 2444.25 for a change of fortunes Key economic data due: Core Durable Goods…