Morning Notes – Wednesday October 31, 2018

Directional Bias For The Day: S&P Futures are higher; moving higher since 1:30 PM on October 30 Odds are for an up and choppy day with elevated volatility – watch for break below 2696.25 for change of fortune Key economic data due: ADP Non-Farm Employment Change (27K vs. 188K est.) at 8:15 AM Employment Cost Index (0.8% vs. 0.7%…