Yesterday’s tired action lifted the futures to an interesting spot: i.e., a single tick from the 1362.50 target shown. The implication is that if the rally does not sputter out and die here, precisely — if, in fact, it pushes past 1362.25 — it could keep going all the way to 1404.00 over the near term.  The midpoint associated with that number is 1353.25, and so any pullback to it should be viewed as a buying opportunity via camouflage or with a tight stop-loss.  ________ UPDATE (July 5, 2:33 a.m. EDT):  The futures went on to reach 1370.00, shortening the odds of a further run-up to 1404.00. Camouflageurs should look to do their buying on a pullback to 1362.50.