Notice in the chart how yesterday’s head-fake failed by a single tick to get past an “easy” look-to-the-left peak recorded on June 12. This is ample reason for us not to give bulls the benefit of the doubt when trading gets under way today in earnest. This mildly unsettling sign of timidity would be mitigated, however, by an upthrust touching 36.775 — and decisively negated by a further push to 37.645.  But if the high turns out to have marked the onset of a minor correction, look for the futures to grope their way down to at least 35.150 in search of traction.  ______ UPDATE (11:05 a.m. EDT): The futures have indeed fallen hard today, hitting a so-far low at 34.800.  On the hourly chart, the bounce-less, 35-cent overshoot of a Hidden Pivot support has put into play a new target at 33.310 (A=37.860 on June 9; B=34.400 on June 14.  Camouflageurs could look to get short on a rally to around 35.040, the C-D midpoint of the pattern.