Morning Notes – Thursday, July 13, 2023

Directional Bias For The Day: S&P Futures are higher at 9:00 AM. Futures have been moving within a range bounded by 4527.00 and 4517.75 since 3:15 AM. The odds are for an up day with a good chance of sidewyas to down move from the pre-open levels around 4525.00 – watch for a break above…