Directional Bias For The Day: S&P Futures are lower; declined from 4:00 PM high of 2894.00 to 7:30 AM low of 2874.50; rising since to 2885.00 At/Below a down trendline Break above 2894.00 is critical Odds are for a volatile with real chance of turning around; if the bounce fails then there is an increased chance of…