Night owls looking for a low-risk trade might be reduced to playing the right-hand margin of the 15-minute charrrrrrrrrrrt (see inset) if they are ready to jump on the futures when this tout is published momentarily. The impulse leg is subtle and perforce legitimate, but it will be gone if the rally exceeds 1999.50. Your best bet five minutes ago was to buy the ‘d’ target of the pattern, but as ‘c’ has migrated higher, the odds have changed. The bigger picture unfortunately is not worth examining.
