Directional Bias For The Day: S&P Futures are lower; moving down since 10:30 AM on May 14; new leg down at 6:00 AM Odds are for a down day with increased volatility – watch for break above 2725.25 for change of fortune Key economic data due: Retail Sales (0.3% vs. 0.4% est.) at 8:30 AM Core Retail Sales (0.3%…