Directional Bias For The Day: S&P Futures are higher; moving higher since 3:00 AM on April 16; nearing 2700.00 level Odds are for an up move, but perhaps sideways move around the 2700 – watch for break above 2702.00 and below 2689.00 for change of fortunes Key economic data due Building Permits (1.35M vs. 1.33M est.) at 8:30…