The S&P futures, ever coy, are playing possum just a few points shy of a 1093.50 target flagged here yesterday. I’d stay away from this vehicle for the time being, unless you fancy playing ping-pong with it on the one-minute chart. The target is still viable but perhaps less useful for trading purposes because of all the dithering that has occurred so close by. If you plan on shorting, a stop-loss no wider than 1094.25 should be used. Above 1093.50 there is another clear target at 1100.75 that was well exposed during yesterday morning’s tutorial session. However, its close proximity to round-number resistance rules it out as an especially promising place to take a stand. _______ UPDATE (4;34 p.m.): The futures popped to 1093.25 at the bell, so I’ll assume bullish and bearish subscribers alike were well satisfied by the outcome. The high was followed by a so-far 4-point drop, so if you risked only three ticks shorting there as suggested (shorting a tick below where I’d suggested, actually), you might have covered or taken a partial profit at 1090 or lower. If you were long, as Sportdoc appears to have been, then you got a carefree ride to within a single tick of the top of yesterday’s subdued march to recovery.