Morning Notes – Friday July 31, 2020

Directional Bias For The Day: S&P Futures are higher; The odds are for an up to sideways day – watch for a break below 3245.75 for change of sentiments Key economic data due: Core PCE Price Index ( 0.2% vs. 0.2% est.; prev. 0.1%) at 8:30 AM Personal Spending ( 5.6% vs. 5.3% est.; prev.…