Morning Notes – Monday, May 9, 2022

Directional Bias For The Day: S&P Futures are lower at 9:15 AM; bounced up more than 20 points from 7:15 AM low of 4031.75; The odds are for a down day with elevated volatility – watch for a break above 4093.00 and a break below 4021.75 for clarity Key economic data report due during the…