Morning Notes – Friday May 31, 2019

Directional Bias For The Day: S&P Futures are lower; fresh leg down since 7:30 PM on Thursday The odds are for a down day with good chance of a bounce from pre-open levels and elevated volatility – watch for break below 2776.00 for change of fortune Key economic data due: Core PCE (0.2% vs. 0.2%…