Morning Notes – Thursday, July 14, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving sideways to down since 4:30 AM The odds are for a down day with elevated volatility – watch for a break above 3769.25 for a change of sentiments The key economic data report due during the day: PPI ( 1.1% vs. 0.8%…