Directional Bias For The Day: Futures are higher Moving sideways since 11:30 AM on May 30 – high 2414.50, low 2410.00 Odds are for a sideways to an up day; watch for break below 2407.75 for change of fortunes Key economic data: Chicago PMI (est. 57.0) at 9:45 AM Pending Home Sales (est. 0.7%) at 10:00 AM Markets Around The World Markets in the East were…