Morning Notes – Monday February 26, 2018

Directional Bias For The Day: S&P Futures are higher; moving mostly sideways since 4:00 AM Breaking above a narrow horizontal channel on 15-min chart – 100% extension target near 2766.50; 161.8% extension of a symmetrical triangle on 30-min chart is near 2781.00 Odds are for an up day – watch for break below 2751.25 for a change of fortunes No…