Morning Notes – Thursday July 6, 2017

Directional Bias For The Day: Futures are lower Drifting lower since 2:30 PM on July 5 Odds are for a down day; watch for break above 2420.25 for a change of fortunes Key economic data due: ADP Non-Farm Employment Change (158K vs. 184K est.) at 8:15 AM Unemployment Claims (est. 243K) at 8:30 AM ISM Non-Manufacturing PMI (est. 56.5) at 10:00 AM Markets Around…