Morning Notes – Friday July 28, 2017

Directional Bias For The Day: S&P Futures are lower Moving up since 6:30 AM Near resistance near 2467.25 Odds are for a down day – watch for break above 2467.25 for a change of fortunes Key economic data due: Advanced GDP (est. 2.5%), Advance GDP Price Index (est. 1.3%) at 8:30 AM Employment Cost Index (est. 0.6%) at 8:30 AM Revised UoM Consumer Sentiment (est.…