Morning Notes – Thursday January 12, 2017

Directional Bias For The Day: The futures are drifting lower since 4:00 PM on Jan 11 Odds are for a down day; watch for break above 2267.75, Asian session high Markets Around The World Markets in the East were mostly down – Mumbai and Seoul were exceptions European markets are mostly down – Spain is the lone exception Dollar index and EUR/USD are down; USD/JPY and GBP/USD are up…