Directional Bias For The Day: S&P Futures are lower; The odds are for an up day – a bounce from oversold levels; extreme volatility – watch for break below 2327.00 and break above 2401.00 Key economic data due: Philly Fed Manufacturing Index ( -12.7 vs. 9.5 est.; prev. 36.7) at 8:30 AM Unemployment Claims (…