Morning Notes – Monday, July 18, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moving sideways to down since 4:45 AM The odds are for an up day with elevated volatility with a good chance of a sideways to down move from pre-open levels around 3900.00 – watch for a break above 3909.50 and break below 3878.00…