Two steps forward, one step back:  Yesterday’s surge may have produced only a small net gain for bulls, but it also refreshed the uptrend by punching past a minor resistance peak at 1139.30 recorded a month ago. To do it again, the futures would need to deliver a minimum 1143.30 today.  Notice in the chart how a rally falling just shy of that benchmark but which exceeds 1142.30, could conceivably provide great camouflage for a long entry. In this instance, you’ll probably need quick reflexes to buy-stop your way aboard at the hypothetical point ‘X’ noted in the chart. _______ NIGHT WATCH:   At 2:16 a.m. EST, the futures were tracing out a second potential camouflage opportunity at a lower level than the one described above.  Using the 15-minute chart, A= 1135.70 (11:45 p.m.); B=1139.40; and C=1137.00 (single bar!).  These coordinates yield a relatively low-risk entry-point ‘X’ at 1138.00 (triggered already), an 1138.90 ‘p’ midpoint and a ‘D’ target at 1140.70. _______ UPDATE:  Both trades triggered, although the first would have taken you only to the midpoint resistance (where partial profit-taking would have been in order). The futures have traded as high as 1149.00 this morning.