Morning Notes – Wednesday January 31, 2018

Directional Bias For The Day: S&P Futures are higher and trending up since 1:00 PM on January 30 Trying the break above an ascending triangle on 30-Minute chart Odds are for an up day; good chance of increased volatility – watch for break below 2828.50 for a change of fortunes Key economic data due: ADP Non-Farm Employment Change (234K vs. 186K…