Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with elevated volatility Key economic data due: Factory Orders ( 0.7% est.; prev. -0.7% ) at 10;00 AM Directional Bias Before Open: Weekly: Uptrend Daily: Uptrend Under Pressure 120-Min: Side 30-Min: Up 15-Min: Up 6-Min: Up-Side Key Levels: Critical…