Directional Bias For The Day: S&P Futures are higher; The odds are for an up day – watch for break below 3317.50 for change of fortune Key economic data due: Building Permits ( 1.42M vs. 1.47M est.; prev. 1.47M) at 8:30 AM Housing Starts (1.61M vas. 1.38M est.; prev. 1.38M) at 8:30 AM Capacity Utilization…