The futures have balked en route to a 984.50 rally target that should have been a piece of cake. They also failed to take out a 971.00 peak from May 20 that looked vulnerable. Taken together, these are signs of incipient timidity if not necessarily of weakness, but our suspicions would be allayed if the target is reached within the next day or two. Alternatively, the downtrend in progress at the close looked bound for 940.50 subject to last-ditch support at 945.10, its associative midpoint.