Morning Notes – Thursday October 22, 2020

Directional Bias For The Day: S&P Futures are lower but moving up since 8:00 PM; The odds are for an up to sideways day; the daily bias is down-to-sideways elevated volatility – watch for a break above 3450.75 and below 3417.75 for clarity Key economic data report: Unemployment Claims ( 787K vs 860K est.; prev.898K)…