Moments ago, the E-Mini S&Ps made a marginal new high for tonight at 1284.75. The rally still looks impotent from an impulse-leg perspective, but if DaBoyz pop the futures above 1287.50 on Monday morning’s opening bar, be wary of a bull trap. The absence of more horrific news from Japan is bullish, of course, but not quite as bullish as the news from Libya is bearish.
