Morning Notes – Wednesday October 18, 2017

Directional Bias For The Day: S&P Futures are higher Moving higher since 5:30 AM; broke above a resistance at 2558.25 – double top Broke above a symmetrical triangle – first target near 2563.00 and second target is near 2568.00 Odds are for an up day – watch for break below 2558.50 for change of fortunes Key economic data due: Building Permits (1.22M vs. 1.25M est.) at…