Morning Notes – Wednesday May 8, 2019

Directional Bias For The Day: S&P Futures are lower; moved down from 2877,50 at 4:00 AM to near 2875.00 level The odds are for a down day with elevated volatility though with a decent chance of moving sideways to up from pre-NYSE levels – watch for break above 2886.25 for change of fortune China trade…