Morning Notes – Friday August 31, 2018

Directional Bias For The Day: S&P Futures are lower; forming a double bottom on 30-minute chart Odds are for a sideways to down day with low volume, hence unpredictability; watch for break above 2898.25 and below 2895.00 for clarity Key economic data due: Chicago PMI (est. 63.0) at 9:45 AM Markets Around The World Markets in the East closed mostly down…