Directional Bias For The Day: S&P Futures are lower; The odds are for a down day — watch for a break above 4379.25 for a change of sentiments Broke below a Horizontal Channel following CPI report at 8:30 AM; the e61.8% extension target near 4361.50 is achieved; 100% extension target is near 4358.00 and 161.8%…