Morning Notes – Wednesday August 1, 2018

Directional Bias For The Day: S&P Futures are higher; moving up from a low of 2813.50 since 6:45 AM Odds are for an up day with high volatility – watch for break above 2821.25 and below 2813.50 for clarity Key economic data due: ADP Non-Farm Employment Change (219K vs. 186K est.) at 8:15 AM ISM Manufacturing PMI (est. 59.4)…