Morning Notes – Monday January 7, 2019

Directional Bias For The Day: S&P Futures are higher to little changed; moving lower since 7:30 PM on Sunday high of 2551.75, which was 20.50 pointes above Friday’s close Daily and weekly trend is down Odds are for a sideways to down up day with choppiness and elevated volatility – watch for break above 2535.50 for change of fortune; Key economic data…