Morning Notes – Tuesday July 23, 2019

Directional Bias For The Day: S&P Futures are higher; drifting higher since 4:30 PM on Friday in an upsloping flag, which is usually bearish The odds are for an up to sideways day from pre-open levels – watch for break below 2989.00 for change of fortune Key economic data due: HPI (est. 0.3%; prev. 0.4%)…