Morning Notes – Thursday November 19, 2020

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day with a good chance to sideways move from pre-open levels around 3560.00 – watch for the break above 3573.75 and the break below 3542.50 for clarity Key economic data report: Philly Fed Manufacturing Index  ( 26.3 vs. 22.0 est.;…