Directional Bias For The Day: S&P Futures are lower at 8:15 AM; broke below an up-sloping flag at 6:15 AM after climbing up from 4429.50 at 9:45 PM to 4476.00 at 5:30 AM The odds are for a down day with elevated volatility; watch for a break above 4477.75 for a change of sentiments Key…