The futures are recovering gingerly after a two-day strafing that appears to have ended yesterday morning. Most immediately, a minor ABC rally pattern pointed to a Hidden Pivot resistance at 1249.00, assuming its ‘p’ sibling at 1244.20 can be easily surmounted.  It will take a bit more, however, to put bulls on the offensive. Specifically, the futures must rally today above a 1252.60 “look-to-the-left” peak visible on the 5-minute chart. The resistance was created during Monday’s sharp break, and it will need to be overcome if the futures are to refresh the bull trend on the intraday charts.