Directional Bias For The Day: S&P Futures are higher Moving higher since 10:00 AM on August 21 Near the upper limit of a horizontal channel since 4:00 PM on August 17 – high of 2434.00 and low of 2419.75 Odds are for an up day – watch for break below 2421.75 for a change of fortunes No Key economic data due: Markets Around The World Markets…