Morning Notes – Wednesday November 1, 2017

Directional Bias For The Day: S&P Futures are higher Drifting higher since 8:30 PM on October 30 Odds are for an up – watch for break below 2579.25 for change of fortunes Key economic data due: ADP Non-Farm Employment Change (235K vs. 202K est.) at 8:15 AM ISM Manufacturing PMI (est. 59.5) at 10:00 AM FOMC Statement and Fed Funds Rate at 2:00…