Recent rallies have been encouraging — though not stellar, since buyers still seem to be having trouble vaulting “external” peaks with each new intraday thrust.  The most important such challenge on the hourly chart lies at 18.820, and so we’ll make that the number to beat today, or at latest tomorrow.  If the effort fails, it’s a long way to the trendline we’ve been using on the hourly chart to project swing lows. It comes in around 17.370 today.