Morning Notes – Wednesday May 12, 2021

Directional Bias For The Day: S&P Futures are lower The odds are for a down day to sideways day – watch for a break above 4147.00 for a change in sentiments Key economic data report due during the day: CPI ( 0.2% est.; prev. 0.6% ) at 8:30 AM Core CPI ( 0.3% est.; prev.…