Directional Bias for the Day: S&P Futures are higher at 9:00 AM. They have been moving within a range between 5918.50 and 5874.75 since 4:00 Pm on Monday. Odds are for an up day, with a good chance of sideways move from the pre-open level around 5900.00. Watch for a break above 5918.50 or a…