Morning Notes – Friday August 9, 2019

Directional Bias For The Day: S&P Futures are lower; Drifting down since NYSE close The odds are for a sideways to a down day with elevated volatility – watch for break above 2935.75 for change of fortune Key economic data due: PPI (est. 0.2%; prev. 0.1%) at 8:30 AM Core PPI ( est. 0.2%; pre.…