Morning Notes – Friday February 28, 2020

Directional Bias For The Day: S&P Futures are sharply lower; resuming the downtrend since 7:30 AM; near the lows of October 2019 The odds are for a down day with elevated volatility; watch for break above 2960.00 for change of fortune Key economic data due: Core PCE Price Index ( 0.1% vs. 0.2% est.; prev.…