The pattern shown is so wickedly gnarly that I’m surprised last week’s low did not occur within pennies of the 93.07 target. I would be logical to infer that a bottom is in and that the futures are telegraphing strength in the week ahead, and so we shall. But I will also suggest keeping an open mind to the possibility of a relapse to the target, since that would enable us to bottom-fish with risk under very tight control. ______ UPDATE (Apr 11, 9:04 a.m.): Now that’s more like it.  The futures did in fact relapse to a 92.93 low just a millimeter below my target. This allowed traders to get long in numerous ways that could have been worth anywhere from around $600 to $2000 so far. This chart shows how you could have set up a conventional ‘camouflage’ trigger at the green line, x=93.73.