Directional Bias For The Day: S&P Futures are higher at 8:45 AM; rising up from 4795.25at 7: 15 AM near the 20-bar EMA on the 15-minute chart after declining from 4807.50 The odds are for an up day – watch for a break below 4795.25 and 4792.50 for a change of sentiments Key economic data…