Morning Notes – Monday, May 23, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; drifting sideways since 10:30 PM; The odds are for an up day with elevated volatility; a good chance of a sideways to down move from the pre-open levels around 3935.00 – watch for a break below 3919.00 and a break above 3948.00 for…