The minor trend has turned sharply higher as of 11:30 p.m., driven by who-knows-what. The April contract is trading at 942.30 at the moment, rebounding from an after-hours low at 936.50 where buyers seemed to be congregating. What is most interesting about the rally is that it has exceeded a fairly important peak at 938.20 that was recorded on October 10. That would be mildly encouraging if it had happened during the regular session, but the fact that it has occurred on relatively light volume at night suggests that buyers are confident that others will follow them in at still higher prices. As such, night owls should view any pullback of $2-$4 as a buying opportunity. There are targets galore above these levels, but we’ll focus on 952.30 for now. If it is effortlessly busted, JP Morgan and their federally sanctioned ilk had better run for cover.