Morning Notes – Thursday July 5, 2018

Directional Bias For The Day: S&P Futures are higher; moving up since 2:00 AM Odds are for an up day – watch for break below 2727.50 for change of fortune Key economic data due: ADP Non-Farm Employment Change (177K vs. 190K est.) at 8:15 AM Unemployment Claims (231K vs 225K) at 8:30 AM ISM Non-Manufacturing PMI (est. 58.3) at 10:00 AM…