The futures are doing their wonted nightly waft, squeezing shorts who evidently were plagued by doubts after the closing bell on Tuesday. It would take a print well above these levels, however — at 724.50, to be exact — to engender the kind of short squeeze DaBoyz could be proud of. While this seems doubtful, a modest pop touching 700.00 would turn the 3-minute chart bullish and, probably, spark some urgent buying on the opening. For trading purposes, the 675.50 target broached here earlier is still my minimum downside objective for the near term as well as a good place to bid with a stop-loss at 673.75. Please note that there is a secondary target at 683.75 whence a tradable turn could occur. It is derived from a one-off ‘A’ at 998.00 that was recorded on November 5. I’ve used a 180-minute chart to render the pattern at its most appealing. ______ UPDATE: DaBoyz showed their true colors — i.e., yellow — when their opportunistic short-squeeze failed three ticks from the 724.50 benchmark noted above. The futures subsequently fell to 709 in the final hour, presumably to get some running room for another attempt. The next rally leg might get past 724.50, but the fact that buyers didn’t do it on the first try is evidence that the bull lacks real guts, at least for the moment.