After plummeting 96 points from Thursday’s peak, the futures trampolined Friday off a low that lay just 2.25 points beneath the 2629.50 target I’d sent out to subscribers the night before. I heard from one who covered a winning short position near the low; however, because no one reported getting long down there I have not established a tracking position. The bounce carried 64 points, generating a quite-bullish impulse leg on the lesser charts that projects to  2706.50 (see inset). Consider it an odds-on bet if buyers blow past the 2673.75 midpoint resistance Sunday night or Monday. I’ll update when appropriate, since, as you will have surmised, the stock market’s wild volatility is capable of just about anything on a given day. It’s even possible that bigger swings than the ones we’ve seen in October are coming. If we stay tuned to the lesser charts as we invariably do, however, we’re not apt to be fooled._______UPDATE (Oct 29, 10:22 a.m.): The futures have rallied 37 points overnight, topping so far at 2707.00 — two ticks above the 2706.50 target proffered above. Two subscribers reported getting short there, so I am establishing a tracking position of four contracts. Two have been covered per my 10:15 post in the chat room, and the remaining two are tied to a 2707.25 stop-loss. A third contract should be covered at 2697.00, with the last contract (or 25% of the position) held for the usual swing-at-the-fences.______ UPDATE (12:28 p.m.): Minutes ago in the chat room, I advised covering the position near 2668. This would have produced a gain of about $2500 for anyone who followed my instructions, which were explicit and timely. The sequence of updates is time-stamped so that you can verify the trade and determine for yourself whether you could have followed it. To all who are still short one or two contracts ‘unofficially,’ I’ve suggested a swing-for-the-fences tied to a 2699.00 stop-loss. I am now lowering it to 2694.50._______ UPDATE (3:34 p.m.):  The futures are headed most immediately to at least 2610.50. (60-min, A= 2723.75 on 10/25). If you saved one or two short contracts for a swing at the fences, that target is on the ‘warning track’, so consider covering half of what you’ve got left. If you hold a single contract, use an ‘impulsive’ stop-loss from the 15-minute chart.