We remain short from 1363.00, shooting for a gain of at least $5000 per contract. The futures have picked up support from a longstanding target at 1310.00 but look too tired to bounce. Accordingly, I’ll continue to advise scalping against the downtrend (and, effectively, against our position) by bidding 1303.25 for two contracts, stop 1302.50. Since the canny dirtballs who work the night shift can move this pup on very light volume, you should be on the alert for a bottom that falls a tick or two shy of our target. Camouflage would be the way to go under the circumstances, since it has the capability of getting us aboard regardless of whether the futures reach the target. _______ UPDATE (11:05 p.m. EDT): The futures have rallied from a low of 1302.50, stopping out the trade for a loss of $50. The overshoot may have seemed slight, but it is probably sufficient for us to infer that the rally won’t amount to much.