Morning Notes – Wednesday December 13, 2017

Directional Bias For The Day: S&P Futures are higher; moving higher since10:30 PM after declining from 2:30 PM high Odds are for a sideways day, with an up bias – watch for break above 2673.00 and break below 2664.50 Key economic data: CPI (0.4% vs. 0.4% est.) at 8:30 AM Core CPI (0.1% vs. 0.2% est.) at 8:30 AM FOMC Statement at 2:00 PM FOMC…