All of Friday’s action, as well as Sunday night’s, has taken place beneath a look-to-the-left peak recorded in the throes of last Monday’s decline. This suggests the futures are in no great hurry to fulfill the bullish potential of last Thursday’s $30 launch. Odds would shift in bulls’ favor, however, if they can muster a rally to 946.00 tonight or perhaps in the first hour or so of Monday’s regular session. That would bring a 968.10 target in focus for the near-term, subject to midpoint resistance at 949.40. _______UPDATE: A bout of weakness has erased most of last week’s gains, creating a downtrend that threatens to bring the futures as low as 886.40 within the next 3-5 days. The midpoint support associated with that Hidden Pivot lies at 915.90. Since it has already been breached decisively, we’d need to see a two-day close above it to infer that bulls are back in charge.