Directional Bias For The Day: S&P Futures are higher; moving sideways since 4:00 AM just below a resistance line, which was a broken support Odds are for a sideways to down day – watch for break above 2783.50 and below 2762.50 for change of fortunes Key economic data: PPI (0.2% vs. 0.1% est.) at 8:30 Core PPI (0.2% vs. 0.2% est.) at 8:30 AM…