Morning Notes – Wednesday February 19, 2020

Directional Bias For The Day: S&P Futures are higher; The odds are for a sideways to an up day; watch for break below 3392.50 and break below 3372.25 for clarity Key economic data due: Building Permits (1.55M vs. 1.45M est.; prev. 1.42M) at 8:30 AM Core PPI (0.5% vs. 0.2% est.; prev. 0.1%) at 8:30…