Morning Notes – Thursday, July 21, 2022

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving within a symmetrical triangle on intraday charts since 10:15 AM on Wednesday The odds are for a sideways to down elevated volatility – watch for a break above 3974.75 or a break below 3945.50 for clarity The key economic data report due…