Morning Notes – Wednesday August 25, 2021

Directional Bias For The Day: S&P Futures are little changed; The odds are for a sideways day — watch for a break above 4487.50 and a break below 4476.75 for clarity Key economic data report due during the day: Durable Goods Orders ( -0.3% est.; prev. 0.9%) at 8:30 AM Core Durable Goods Orders (…