Morning Notes – Friday January 22, 2021

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day, with a good chance of sideways to up move from the pre-open level near 3815.00; watch for a break above 3831.25 Key economic data report due during the day: Flash Manufacturing PMI ( 56.6 est.; prev. 57.1) at 9:45…