The futures are trading moderately higher early Monday morning but presumably constrained by the range in which they have  seesawed for more than two months. Higher or lower today looks like a coin toss at the moment, although the 30-minute chart supports a bearish bias for night owls that is predicated on the 1564.10 downside target shown. Like to get on top of the markets in real time? Click here for a free trial subscription to Rick’s Picks.