No change since yesterday. The futures are still having difficulty getting past the 1442.30 midpoint resistance associated with a 1473.10 ‘D’ target, but the target will remain valid nonetheless as long as 1411.50 (aka point ‘C’) has not been exceeded to the downside. A two-day close above 1442.30 is needed make the move to 1473.10 an odds-on shot. In the meantime, we should use a lesser pattern with a 1427.50 midpoint (already exceeded) and a 1441.40 ‘D’ to gauge buyers’ mettle.
