The gratuitous molehill traced out by yesterday’s price action did nothing to alter a 1459.40 target that currently serves as our minimum upside objective for the short term. A modest thrust today exceeding 1434.80 would get the futures off the launching pad, but they need only close above 1431.40, the midpoint resistance of the pattern shown, to imply they’re on their way to its ‘D’ sibling,  at least, 1438.20.  Alternatively, if there’s follow-through to yesterday’s weakness, try to buy 1421.50 with a six-tick stop. _______ UPDATE (10:24 a.m. EST):  Precious metals have come down hard today with the stock market.  Gold’s so far low at 1410.70 is in a stupidly obvious place, a tick from a key intraday low made a week ago.  When it breaks through, expect the selling to continue to at least 1406.30.  Because this morning’s low is actually a tick below the March 3 low, the move is bearish impulsive, possibly opening the door to a camouflage short.