Morning Notes – Monday October 16, 2017

Directional Bias For The Day: S&P Futures are higher Drifting higher since 8:30 PM on October 12; recent leg started at 3:00 AM Odds are for an up to sideways day – watch for break above 2555.50 and below 2550.25 for change of fortunes Key economic data due: Empire State Manufacturing Index (30.2 vs. 20.3 est.) at 8:30 AM Markets Around The World Markets in the East closed…