Directional Bias For The Day: S&P Futures are lower Drifting up since 1:00 AM Odds are for an up to sideways move – watch for break below 2535.75 for change of fortunes Key economic data due: Unemployment Claims (260K vs. 266K est.) at 8:30 AM Trade Balance (-42.4B vs. -42.7B est.) at 8:30 AM Factory Orders (est. 1.0%) at 10:00 AM Markets Around The World Markets…