We discovered a look-to-the-left peak during yesterday’s impromptu trading session that could hold the key to any recovery that impends.  It lies at  39.565, and you can see how unprepossessing it is on the hourly chart. Even so, an impulsive, uncorrected thrust that exceeds it after breaching Wednesday’s 39.470 high would signal powerfully that bulls are once again in control.  Failing that, however, I would expect the futures to come down to at least 31.205, the midpoint support of a large corrective pattern.