Morning Notes – Tuesday July 31, 2018

Directional Bias For The Day: S&P Futures are higher; moving up from a low of 2798.25 since 12:30 PM on July 30; near a resistance level Odds are for a sideways to up day, with high volatility – watch for break above 2811.75 and below 2804.75 for clarity Key economic data due: Core PCE Price Index (0.1% vs. 0.1%…