There’s no compelling reason to trust Friday’s strong upthrust, but because it was robustly impulsive on the hourly chart, we can’t afford to ignore it either.  I’d suggest staking out a tentative long position using the reverse pattern shown. The point ‘c’ high is just a placeholder at the moment, and you should raise it if the futures make a higher top on Sunday night. Buying should be done at the resulting midpoint Hidden Pivot (currently at 1648.50), using either a stop-loss no wider than 1.00 point, or with an rABC pattern on the lesser bar charts that risks even less theoretically. If you want to paper-trade in order to improve your feel for reverse-pattern set-ups, please note that the conventional stop-loss lie exactly 4.90 points beneath the entry price, predicated on a rally target $10 above it. _______ UPDATE (Oct 24, 12:28 a.m. EDT): A false start and raggedy price action have altered the prospectus for this evening, offering better odds for bottom-fishing D=1646.30 of this pattern than any Hidden Pivot level above it, including the already well-chewed ‘p’. ______ UPDATE (Oct 24, 4:56 p.m.): Cancel, the trade, since the futures have been acting like they know D=1646.30 is there. A bullish bias is warranted nonetheless, but price action has been too squirrelly for me to offer day-in-advance trading guidance. _______ UPDATE (Oct 26, 11:53 p.m.): Today’s spike to the red line (p=1678.80) confirmed this bullish pattern and its D target at 1736.40. A decisive push past it in the next day or two would shorten the odds that D will be reached.