Morning Notes – Thursday, August 24, 2023

Directional Bias For The Day: S&P Futures are higher at 9:00 AM but are declining from a high of 4485.50 at 3:00 AM and forming an ABCD pattern – the two down targets are around 4454.00 and 4440.00 The odds are for a sidewyas to a down day from the pre-open levels around 4465.00, with…