The bounce came from close enough to a predicted midpoint support to telegraph the rally that followed.  Exuberant and whacky for a few hours, it petered out just shy of some supply peaks recorded earlier in the week. If buyers get second wind today, you can short our old friend at 1196.50 at your discretion, since the pivot is still valid. It is not intended that you hold a position over the weekend, so don’t get involved if you are not certain you can exit.