Bulls were giving up hard-won ground Tuesday night, but we should take encouragement nonetheless from the fact that the finishing stroke to yesterday’s rally exceeded the 37.100 midpoint of the pattern shown.  A further rally to 37.350 is implied, although caution is warranted at the moment because the lesser charts suggest bulls and bears may skirmish overnight before the former can regain control. Night owls can try bottom-fishing at 36.915, a Hidden Pivot that can be found on the one-minute chart (A=37.170, B=37.020, C=37.065).  _____ UPDATE (10:52 p.m. EDT):  A four-tick stop-loss would have gotten you aboard, since the low so far tonight has been 36.900.  Use a 36.935 stop-loss for now, switching to a trailing stop that suits your style if and when 37.100 is exceeded to the upside. The Hidden Pivot at 37.350 noted above can be used for a minimum target if the rally catches fire.  FURTHER UPDATE (1:50 a.m. EDT):  The futures have rocketed to within a penny of the target, so at least half the position should have been exited for a substantial gain.  For purposes of determining a trailing stop for what remains, use a 38.605 rally target, since that’s the next important stop on the way to Valhalla. FURTHER UPDATE (2:08 a.m): Based on a so-far high, as of the moment, at 37.390, you could use a trailing stop as wide as 40 cents.  If you initiated the original trade on a single contract, stop yourself out if a bearish impulse leg forms on the one-minute chart. At the moment, that would imply a drop to 37.250.