So much for the extravagantly bullish speculation that I allowed in the last few touts and in a recent commentary. This vehicle continues to look like hell, and so we’ll revert to the still unachieved downside target at 80.84 as a minimum objective. An upthrust of 4.44 points would be reason to open our imaginations to the possibility of a bullish reversal, and it would shift our trading bias to bullish. However, until such time as that happens, there is no reason to think that the powerful rally in Q3 was other than a nasty tease.