We’re still looking for the print up at 29.650 that would signal a likely end to the tedious consolidation of these last three weeks. While sellers lack conviction, buyers are holding back, accumulating contracts only on the swoons so that their eagerness is never on display. Once the futures get rolling, signaled by a two-day close above a 30.150 midpoint pivot, they should be presumed bound for at least 32.285.