Morning Notes – Thursday July 12, 2018

Directional Bias For The Day: S&P Futures are higher; moving up in steps since 9:00 PM on July 10 Odds are for an up to sideways day – watch for break above 2791.00 and below 2788.00 for clarity Key economic data due: CPI (0.1% vs. 0.2% est.) at 8:30 AM Cor CPI (0.2% vs. 0.2% est.) at 8:30 AM Unemployment Claims (214K vs.…