Directional Bias for the Day: S&P Futures are lower at 8:15 AM. Makine a rounding saucer pattern around 5480.00 level since 3:15 AM. Awaiting the Non-Farm Payroll report due at 8:30 AM. The odds are for a volatile day. Watch for a break above 5511.00 or a break below 5466.50. The economic data due during the…