The rally to 1841.00 that I promised you still looks like a lock-up to me, although the ascent has been too brutally slow and sloppy for a buy-and-hold play. And now, unfortunately, a move to the target may not make for a very good short either if it occurs with an hour left in a Friday session. I’ll leave it up to you, but I wouldn’t recommend taking a short position home over the weekend unless it is at least 6 to 8 points in-the-black by the final bell. For night owls looking to pass the time with a little camouflage trading, the five-minute chart (see inset) may be as low as you’ll have to go. _______ UPDATE: The day was filled to overflowing with non-surprises. The futures topped at exactly 1840.00 in the early going, then sold off by 6 points before turning flaccid for the remainder of the session. In retrospect, confidently ‘knowing’ in advance where the futures would peak was not good enough, since it still would have required quite a bit of work for a trader to have extracted a living wage from the tedious ups and downs that characterized the day that followed. Be prepared for more of the same next week, since any week in which New Year’s Day falls on a Wednesday is a lost cause for anyone foolish enough to try to conduct business. Look for the futures to trend higher on Monday, since there were no corrective abc patterns on Friday that reached their ‘d’ targets.