Morning Notes – Monday, July 17, 2023

Directional Bias For The Day: S&P Futures are lower at 8:45 AM. Futures have been moving sidewyas since 4:45 Pm on Friday within a range bounded by 4539.25 and 4528.00. The odds are for a down day to a sideways day – watch for a break above 4539.25 or a break below 4528.00 for clarity…