Morning Notes – Thursday July 26, 2018

Directional Bias For The Day: S&P Futures are lower; moving sideways since 6:00 PM on Wednesday in a narrow range Odds are for a sideways to down day – watch for break above 2841.25 and below 2833.50 for clarity Key economic data due: Durable Goods (1.0% vs. 3.0% est.) at 8:30 AM Core Durable Goods (0.4% vs. 0.5% est.) at 8:30…