Yesterday’s weakness trashed an important midpoint support at 33.825, implying more downside to at least 31.950. Bulls could negate this decree with a pop today exceeding 34.950, but failing that, we should expect the futures to struggle lower. If you want a more finely nuanced “bull trigger” to leverage a bullish camouflage opportunity, try using the look-to-the-lefter at 34.345 shown in the chart. A ‘B-C’ pullback from just above it could set up a screaming buy.
