Morning Notes – Thursday, July 28, 2022

Directional Bias For The Day: S&P Futures are little changed at 9:15 AM; moving sideways s4:00 PM on Wednesday within a narrow band between 4030.00 and 4003.50 Day after Fed funds rate increase has been bearish for the past many months The odds are for sideways to a down with elevated volatility – watch for…