Directional Bias For The Day: S&P Futures are higher The odds are for an up with elevated volatility; good chance of sideways to down move from pre-open levels around 3165.00 – watch for break below 3091,25 for change of sentiments Key economic data due: Retail Sales ( 17.7% vs. 7.9% est.; prev. -14.7%) at 8:30…