Directional Bias For The Day: S&P Futures are higher A descending triangle broke to the upside on 161.8% extension near 2850.25 is achieved Odds are an up day – watch for break below 2843.00 for change of fortunes Key economic data due: Existing Home Sales (est. 5.72M) at 10:00 AM Markets Around The World Markets in the East closed mostly higher…