I won’t bore you with the details, but technically speaking, last week’s slide was impulsively bearish only on the intraday charts, not on the daily. (Please note: The decline on the DJIA’s chart WAS bearishly impulsive.) My gut feeling is that the futures will need to head-fake above Friday’s 1089.00 peak before they plunge in earnest. If not, a nearly 14-point fall awaits this morning, since that’s what it would take to reach the midpoint support of the pattern shown.