Morning Notes – Wednesday February 21, 2018

Directional Bias For The Day: S&P Futures are almost unchanged; moving higher after making a double bottom at 4:00 AM; break above 2718.75 will confirm the pattern Odds are for a sideways to down day – watch for break above 2721.25 and break below 2706.50 for a change of fortunes Key economic data due: Exiting Home Sales (est. 5.61M) at…