A small “external” peak at 32.150 remains the number to beat, since that would generate a promising new impulse leg on the hourly chart. The futures got a running start on this task early Sunday night, but buying sputtered out somewhat shy of a 32.005 target. If the weakness persists, the first place you could look for a bullish turn — and a potential ‘camo’ buying opportunity — would be at 30.610, the ‘p’ midpoint support of the pattern shown.
