In volume-free night trading, DaBoyz have sleazed the futures back up to within a couple of points of Monday’s high, demonstrating their (probably sound) belief that they still have bulls by the balls. Where to next? Scrunch the hourly chart (see inset) a bit and, paradoxically, this will force you to squint a good ABCD rally pattern into sharper obviousness. This one projects to 1333.25, giving camouflageurs a theoretical 18 points to make hay. Camo cover will be hard to come by, but my suggestion would be to look for a small but perfect ABC pattern amidst the panic and confusion that is certain to attend a breakout above the 1318.25 peak.
