You know the drill by now: a push to at least 1222.90 is needed to suggest that bulls are doing more than merely breathing. In the meantime, the 1162.30 correction target is sill viable. Night owls can look for bull camouflage in the pattern shown. If it develops as such, affording an opportunity to get long at ‘X’, no more than a few ticks should be risked, and partial profits should be taken at ‘p’ if the position contains more than a single contract. _______ UPDATE (11:57 a.m. EDT):  The trade shown in the chart triggered, but the ensuing rally died at the Hidden Pivot midpoint.  The trade therefore would have been a small winner, or a scratch at worst, but it wasn’t until the futures had noodled around for another six hours that they took off in earnest, rallying $20 from the evening/overnight lows. This took them as high today as 1214.10 — not quite sufficient yet to celebrate.