Morning Notes – Tuesday May 2, 2017

Directional Bias For The Day: Futures are flat Trading within a narrow range since 3:30 PM on May 1 Odds are for a range bound day; watch for break above 2390.25 and break below 2384.25 for change of fortunes Key economic data: Core PCE Price Index: -0.1% inline – at 8:30 AM Personal Spending – 0.0% vs. 0.2% est. – at…