Morning Notes – Wednesday, March 22, 2023

Directional Bias For The Day: S&P Futures are little changed at 9:15 AM, moving sideways since 4:00 PM on Tuesday between 4041.50 and 4022.75 The market is awaiting the FOMC decision and the press conference The odds are for a sideways to an up day with elevated volatility – watch for a break above 4041.50…