The futures spent most of the day playing footsies with the 1151.50 midpoint support of a minor bearish pattern that projects to 1135.75 . We know from last night/yesterday morning’s malevolent price swings that it will probably avail us little to speculate on where this vehicle will be trading come sunrise. As always, however, there will be no mystery about it, nor any great difficulty in trading the swings, for camouflageurs who pay close attention to impulsive thrusts on the lesser charts. Lastly, let me mention that a 1215.00 rally target given here previously is still very much in play.
