Morning Notes – Friday August 23, 2019

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways too an up day – watch for break below 2918.75 and break above 2929.75 for change of fortune Key economic data due: New Home Sales ( 645K est. ; prev. 646K) at 10:00 AM Fed Chair Powell Speech at 10:00…