Morning Notes – Thursday, October 27, 2022

Directional Bias For The Day: S&P Futures are a bit lower at 8:15 AM; moving lower since 1:30 AM from 3867.75 broke below a Double Top pattern – the 100% extension target near 3833.00 is almost achieved, and the 161.8% extension target is near 3822.00 The odds are for a down-to-sideways day with elevated volatility…