Directional Bias For The Day: The futures are lower; Falling since 3:00 AM – European session open Broke below a horizontal channel on 30-min chart; target near 2358.00 Odds are for a down day; watch for break above 2372.00 FOMC’s two day March meeting starts today; it is weighing on the market Markets Around The World Markets in the East closed mixed – Hong Kong and…