Discernible weakness is starting to creep in, since it wouldn’t have taken much to push the futures yesterday to our 1278.75 rally target.  The actual high was 1277.00, and the failure of bulls to get there was reason enough for me to warn traders off bottom-fishing during the weekly tutorial session. Night owls could attempt it at 1264.00 nonetheless.  That’s the ‘d’ target of the pattern shown, and it seem likely to be reached because of the way its sibling midpoint, 1268.00, was brutalized. ______ UPDATE (11:07 a.m. ET):  Swooning eight points in mere seconds, the futures bottomed in the pre-dawn at 1264.50 — two ticks from our target and perhaps close enough that some of you will have gotten long for the 10-point rally that followed.  Set a break-even stop for whatever remains of your position, since the low looks shaky as of this moment.