The futures spent the whole day failing to ‘actualize’ the bullish impulse leg that had occurred on the opening bar.  Even adroitly opportunistic markets like this one need a catalyst to move higher, but yesterday there was no economic news of significance in sight — only the passage of a $955B farm bill whose details are probably best left unscrutinized. Night owls can nonetheless attempt to leverage the pattern shown to get long, but I’d recommend waiting for a second, gratuitous point ‘C’  low to form before you pounce. This being Tuesday, odds will tend to favor higher prices.