Morning Notes – Wednesday January 10, 2018

Directional Bias For The Day: S&P Futures are lower; moving down since 2:00 PM on January 9 Below a down trend line from the highs on 30-min chart; emerging head-&-shoulder pattern Emerging up-sloping bear flag on 15-min chart Odds are for a down day – watch for break above 2749.25 for change of fortunes Key economic data due: Import Prices (0.1% vs.…