I posted this a couple

I posted this a couple of hours ago to the last message”s thread: “Futures extended down initially last night, and not a little. But they have reversed up sharply overnight. That reversal just touched resistance, THE dividing line between rejecting yesterday afternoon”s downleg, or else launching another one this morning. I”ll update this before and through the open…”

A pullback since then has consolidated, and is now reacting up to greet the open at fresh highs. It”s still not high enough to ensure that we”re out of the woods. More important, it”s not yet late enough — holding up (and, better yet, extending higher) through the open and the first hour would be much more reliable.

I”ll add observations to this post”s thread in the Activity Feed…