Night Moves

The E-Mini S&Ps were just a few ticks from jumping the gun shortly after 3 a.m. EDT, toying with the 1402.00 entry trigger of a rally pattern projecting to 1431.25.  A further rise of 12 points, exceeding the 1411.75 midpoint, would imply the run-up is under way, leaving the stingy bid I’d advised down at 1392 in the dust.