Directional Bias For The Day: S&P Futures are lower at 9:00 AM; down more than 50 points from 3:30 PM; moving sideways with large fluctuations since 2:15 AM between 3716.00 and 3673.00 The odds are for a down day with elevated volatility – watch for a break above 3711.50 for a change in sentiments The…