Directional Bias For The Day: S&P Futures are higher; moving mostly up since 2:00 PM on Monday; Odds are for an up to a sideways day with elevated volatility  – watch for break above 2823.75 and break below 2809.25 for clarity Key economic data due: Building Permits (1.30M vs. 1,32M est.; prev. 1.32M) at 8:30…