Morning Notes – Wednesday November 2, 2016

Directional Bias For The Day: The futures are down but up from the low of 2094.50 at 11:00 PM on November 1 S&P 500 has been down for six consecutive day; during this period futures were down for five days Odds are for a bounce Prior to November 1, S&P 500 had six instances of six consecutive down days and two instances of seven consecutive down…