We should tone down the hooting and guffawing for the moment, since  the futures did manage to poke their ornery little snout above Friday’s and Monday’s highs before heading south yesterday.  This left a bullish impulse leg on the hourly chart, and even though the pullback was continuing into the night, DaBoyz will have strong seasonality (i.e., Memorial Day weekend) in their favor if they should wish to turn things around on Thursday.  The good news for bears  is that buyers were unable to capitalize on a truncated but still powerful impulse leg that occurred with two hours left to go in yesterday’s session.