The futures have lurched back to pseudo-life early Sunday evening but have offered little evidence otherwise concerning their intentions. A 1043.75 Hidden Pivot target is one of several vague downside possibilities, and although its sibling midpoint support at 1073.50 did not provide a precise confirmation, the midpoint has been sufficiently brutalized that we can infer lower prices are at least somewhat more likely than higher. Alternatively, the futures would need to rally to 1112.00 by Wednesday to turn the hourly chart unambiguously bullish, but it would require only 1077.75 today to accomplish that on the five-minute chart.
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