Morning Notes – Wednesday, May 11, 2022

Directional Bias For The Day: S&P Futures are lower at 8:45 AM; a sharp  decline of more than 60 points following the CPI report at 8:30 AM The odds are for a down day with elevated volatility – watch for a break above 4027.00 for a change of sentimentsclarity The key economic data report is…