Morning Notes – Wednesday, October 9, 2024

Directional Bias for the Day: S&P Futures are a bit lower at 9:00 AM. Forming a cup-with-handle pattern. Odds are for a sideways to an up day. Watch for a break below 5782.75 for a change in sentiments. The notable economic data due during the day: FOMC Meeting Minutes at 2:00 PM. Weekly: Uptrend Daily:…