The nasty chop of late has not diminished the likelihood of a shortable thrust to 1219.25, although it may have dampened the ardor of traders looking to ride the uptrend, such as it is. As of around 7:40 p.m. EDT, there was little for night owls to do, although a minor downtrend hinted of a potentially tradable bounce from 1199.50, give or take two ticks. _______ UPDATE (2:21 a.m. EDT):  As of the moment, this trade is working nicely, since the low so far tonight fell at 1199.25.   If you risked two ticks on the initial stop-loss , half the position could have been covered as soon as 1201.00.  I’ll assume two contracts were acquired, however, and that only one remains.  Use an 1199.00 stop for now, switching to a 2.50-point trailing stop at 1206.25. _______ FURTHER UPDATE:  The futures stopped out the initial point ‘C’, making their eventual low at 1197.50 overnight before spiking to a so-far high today of 1210.25. Our position would have recorded a small loss of perhaps 4-5 ticks on the exit (or perhaps no net loss if partial profits were taken early in the trade).