There appears to be zero buying interest at the moment, since the futures have been unable to achieve even the modest yardage needed to turn the daily chart impulsively bullish. Yesterday this weakness was evident in the failure of the futures for the second straight day to surpass the 1266.00 high recorded on December 8.  Still, bullish buyers are not needed to drive the market sharply higher — only short-covering bears. The “news” that will catalyze this hysteria is impossible to predict, but until it comes we can only continue to mark time by nibbling on ‘camo’ buying opportunities as it suits us. Yesterday, however, index futures were easier to short — and so we did during the weekly tutorial session. For Wednesday night, a mixed technical picture suggests there will be action only for nimble scalpers.  Despite Wednesday’s selloff, however, my outlook for overnight is no worse than neutral.