Morning Notes – Tuesday August 17, 2021

Directional Bias For The Day: S&P Futures are lower The odds are for a down day — watch for a break above 4459.50 for a change of sentiments Key economic data report due during the day: Retail Sales ( -1.1% vs. -0.2% est.; prev. 0.7%) at 8:30 AM Core Retail Sales ( -0.4% vs. 0.2%…