A 1305.25 rally target drum-rolled here earlier is still a logical minimum objective for the near term. Trend-trading is limited to the very lesser charts, and so I’ll suggest that camouflageurs take their cues from such look-to-the-left peaks as are evident in the accompanying chart. _______ UPDATE: The futures made their intraday low at 1243.50, two ticks from a bearish target at 1243.00 posted in the chat room shortly before noon EST, when the December contract was trading around 1255. As I noted at the time, the weakness should be viewed as an installment on some bearish, bigger-picture targets below 1200.