Morning Notes – Friday May 5, 2017

Directional Bias For The Day: Futures are flat Moving up since 12:00 AM Trading within a narrow horizontal channel for the past few days Odds are for a range bound day; watch for break below above 2390.75 and below 2379.00 for change of fortunes Dependent upon Non-Farm Payroll data – a good report may be bullish and bad one bearish Key economic data:…