Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving down since 7:30 from 3853.50 and a Double Top; broke below the intermediate low of 3835.75 – the 61.8% extension target is near 3824.78, and the 100% extension target is near 3807.03 The odds are for a down day with elevated volatility…