Morning Notes – Monday February 12, 2018

Directional Bias For The Day: S&P Futures are higher; A horizontal channel is emerging on 30-minute chart – low 2530.00 and high near 2726.00 Odds are for an up day but probably a sideway move from pre NYSE open levels with elevated volatility – watch for break above 2655.00 and break below 2623.00 for a change of fortunes No Key economic data due:…