Morning Notes – Thursday May 27, 2021

Directional Bias For The Day: S&P Futures are lower The odds are for a down to sideways day – watch for a break below 4204.00 and a break below 4177.25 for clarity Key economic data report due during the day: Prelim GDP (6.5% est.; prev. 6.4%) at 8:30 AM Unemployment Claims ( 427K est.; prev.…