Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with elevated volatility – watch for break below 2727.50 for change of fortune Key economic data due: Fed 2.3T Loan Program Announcement Unemployment Claims (6606K vs. 5000K est.; prev. 6867K) at 8:30 AM Core PPI ( 0.2% vs. 0.0%…