With a strong thrust that was predicted here last week, the futures have easily exceeded 47.62, the highest target that can be derived from the hourly chart. They also refreshed the bullish trend by creating a new impulse leg in the process. The leg has not yet terminated, but if it were to stretch past 50.88 before taking a breather, we’d likely be looking at the booster stage of potential moon shot. For trading purposes, there were no corrective patterns Monday night (as of 1:10 a.m.) that would yield a low-risk entry point. However, there were many prior peaks on the lesser charts that could conceivably be used to leverage an entry with-the-trend. If you are up to such an approach, I’d suggest starting with the five-minute bars.