Night owls can use the target shown in the chart to get long with an 1197.10 bid, stop 1196.70.  Alternatively, if the futures reverse to create a bullish impulse leg on the 15-minute chart without having reached the target, you should get long at the first signaled point ‘X’. _______ UPDATE (10:41 a.m. EDT):  The futures took a $2.50 bounce from 1197.00 on their way down, so it was easily possible to have taken a profit on  the trade.  The subsequent breach of the pivot warned of the weakness that was to follow and which persists even now.