Morning Notes – Monday August 16, 2021

Directional Bias For The Day: S&P Futures are lower The odds are for a down day — watch for a break above 4456.50 for a change of sentiments Key economic data report due during the day: Empire State Manufacturing PMI ( 18.3 vs. 28.9 est.; prev. 43.0) at 8:30 AM Directional Bias Before Open: Weekly:…