Morning Notes – Wednesday August 18, 2021

Directional Bias For The Day: S&P Futures are lower The odds are for a down to a sideways day — watch for a break above 4448.75 for a change of sentiments Key economic data report due during the day: Building Permits ( 1.64M vs. 1.61M est.; prev. 1.59M) at 8:30 AM Housing Starts (1.53M vs.…