The futures bottomed on Friday a single point from where expected, at 1680.00, then spent the rest of the day flailing around. Only one trader in the chat room reported having bought the low, but if you did, it would have been prudent to have exited before the bell.  Price action was ostensibly bullish as the week came to a close, but if you’re keen to re-enter a long position ahead of whatever sausage Congress is about to extrude, I’d suggest using the very nice ‘external’ peak at 1687.75 (see inset) for leverage. Any shallow ‘a-b’ pullback from just above it could set up a low-risk entry opportunity for camouflageurs. _________ UPDATE (11:03 p.m. EDT, Sunday):  Sunday night’s opening has produced a gap-down bar through 1680.00 that all but guarantees more downside over the near term to at least 1662.50.  Risk-takers can try bottom-fishing there with ‘camouflage,’ but the pattern has so many things going for it (see inset) that I’ll also sanction a 1662.50 bid, stop 1661.75.