Morning Notes – Friday, May 6, 2022

Directional Bias For The Day: S&P Futures are lower at 9:15 AM; moving sideways with a down bias since 12:00 PM on Thursday between 4169.00 and 4099.00 The odds are for a down day with a good chance of a sideways move from the pre-open levels around 4111.00 – watch for a break above 4152.00…