Directional Bias For The Day: S&P Futures are down; drifting down since 10:30 PM on July 18 Odds are for a down day – watch for break above 2812.75 for change of fortune Key economic data due: Philly Fed Manufacturing Index (25.7 vs. 21.6 est.) at 8:30 AM Unemployment Claims (207K vs. 220K est.) at 8:30 AM Markets Around The World Markets in the East closed mostly down – Sydney was up European…