I hung out a 1358.25 target a short while ago, so let’s try shorting there with a 1.00-point stop-loss. This is probably more easily done during the night session, since morning could bring a gap-up opening, so take extra care.  There’s a quite important target above it, at 1385.50, that should be held in mind as a possible top for the summer.  To my eye, price action at the midpoint strongly supports the viability –and accuracy — of the target itself.  Please note that if the even larger rally pattern evident in this chart plays out — i.e., the one starting in the lower left-hand corner — the futures could go as high as 1415.00.  ______ UPDATE (9:55 a.m. EDT):  Turns out we didn’t need the 1.00-point stop-loss, since the futures peaked overnight precisely at 1358.25 — a dead-center bullseye.  Assuming two contracts were shorted, cover half here, at 1352.75, and use a 1357.50 stop-loss for what remains.  I’m not recommending a trailing stop, at least not yet, because we’ll be swinging for the fences on this one.