Morning Notes – Tuesday January 5, 2021

Directional Bias For The Day: S&P Futures are lower; The odds are for a down day with a good chance of sideways move around the pre-open level around 3675.00; watch for a break above 3692.00 and below 3670.25 for clarity Key economic data report due during the day: ISM Manufacturing PMI ( 56.6 est; prev.…