A frustrating day for bears ended with the promise of yet another on Wednesday. Notice in the chart how the intraday high slightly exceeded the look-to-the-left peak at 1169.50.  The move is therefore impulsively bullish and it could conceivably yield an opportune long entry for night owls.  If you’re game, I’ll suggest looking for your spot at the right-hand edge of the 15-minute chart, where the most recent impulse leg,  with a ‘D’ target at 1174.75, began from 1154.25 at 12:15 p.m.  _______ UPDATE (2:11 a.m. EDT):  The futures are getting hit tonight and are down 15 points at the moment.  Bears shouldn’t get their hopes too high, however, since the modus operandi of nighttime traders is to exhaust sellers on ostensibly “bad” news in order to run the index futures higher on zero volume ahead of the opening. Want to learn how to nail swing highs and lows precisely, and to manage trade risk yourself? Click here for information about the upcoming Hidden Pivot Webinar on October 5-6 and a $50 discount