Morning Notes – Thursday May 7, 2020

Directional Bias For The Day: S&P Futures are higher; trending up since 6:30 PM; bouncing off EMA20 on 15-minute chart at 7:15 AM The odds are for an up day with good chance of sideways move from pre-open levels around 2875.00, with elevated volatility – watch for break below 2863.00 for change of fortune Key…