The futures turned vicious after exceeding by a couple of points an 873.75 target that had served us well this week. Night owls can attempt bottom-fishing nonetheless, since there’s an enticing midpoint support at 866.25 associated with the pattern shown in the chart. This one warrants a stop-loss no wider than 2-3 ticks, but if it’s hit expect the downtrend to continue to 857.75. _______ UPDATE (1:23 a.m.): The futures have bounced slightly from a so-far low at 865.25. I’ll treat the order as having filled and survived, since some of you may wisely have second-guessed my extremely tight stop-loss. Assuming, now, an 864.75 stop, you should be shooting for at least 871.00 before you implement a trailing stop or take a partial profit on a multilot position. Actual potential, short-term, would be 876.00, a Hidden Pivot resistance. _______ FURTHER UDPATE: In their last-gasp rally of the night the futures made it no higher than 869.00, triggering our stop, and a loss of about $75, on the way down. Weakness spilled over into the opening, sending the futures to a so-far low of 850.50. This was impulsive on the hourly chart, and so we should expct more weakness.