The futures were developing torque Sunday night for a shot at recouping virtually all of last week’s losses in a single, algorithm-enabled, short-squeeze burst on or before the opening. So much for all of the hard, hard work sellers put into driving stocks only moderately lower over the course of the last few trading sessions.  My immediate target, based on the minor pattern shown, is 1323.00, but the futures will need to do a little better, surpassing a look-to-the-left peak at 1324.00, to refresh the bullish impulse on the lesser charts. _______ UPDATE (8:36 a.m. EDT): It would be premature to kick back and enjoy Sunday night’s refreshing selloff, since all of it so far has yet to create a bearish impulse leg even on the 30-minute chart.  That would occur on a 1306.50 print, although the “dueling” impulse legs engendered thereof would still leave room for a moderately bullish bias. ________ FURTHER UPDATE (9:44 a.m.):  Ahhhhh! How sweet.  This unexpected plunge looks bound for a minimum 1287.25.  You can try bottom-fishing there with a three-tick stop-loss.