The futures are breaking down in a minor and uninteresting way at the moment, dropping out of a narrow sideways scuddle that began just after the bell. There are two pairs of targets: one of them with a ‘p’ midpoint at 1176.75 that is precisely where the futures are trading right now, and an 1171.25 point ‘d’; and another with 1175.75 and 1169.25, respectively as points ‘p’ and ‘d’. A glut of small opportunities, you could say, but the most conservative of them would be to bottom-fish that last number with a three-tick stop-loss. If you’d rather play for a bounce at the midpoints, camouflage tactics are advised.