Morning Notes – Wednesday January 8, 2020

Directional Bias For The Day: S&P Futures are higher following a nearly 50+ points drop during Asian session; The odds are for an up day with elevated volatility – watch for break below 3221.75 for change of fortune Key economic data due: ADP Non-Farm Employment Change (202K vs.160K est.; prev. 124K ) at 8:15 AM…