Since I effused in today’s commentary about how another leg down to at least 1322.40 is probably as kindly a correction as we’re going to see, let me broach a more optimistic scenario in this tout. The five-minute chart illustrates clearly what must happen for bulls to be perceived as pushing back. In brief, the futures will need to pop today above the look-to-the-left peaklet at 1356.50.  Night owls looking for a camouflaged opportunity in advance of that should use the 1351.30 micro-peak for leverage.