The bullish pattern shown in the chart projects to 11048, and although the target isn’t so compelling that I’d suggest shorting up there with the usual ultratight stop-loss, it will do just fine as a minimum upside objective. Its sibling midpoint lies at 10639, implying that an 86-point selloff from here should be viewed as a buying opportunity. More immediately, however, we should watch for signs of a top at 10739, just a hair above yesterday’s high. That’s the target of a smaller bullish pattern, and it could prove to be more than just a minor impediment. If the futures close above it for two consecutive days, though, I’d infer that 11048 had become an odds-on bet.