Seems like it. That's where the volume is and 1275.6 is what continuous contract has as the last price. Basically stone throw away from ~ 1300 which appears to be line in the sand.
What I think is needed for a bull to arrive is to see December rate hike odds collapse. Once it becomes apparent that the fed is done with raises and is soon on a verge of cutting or implementing similar policy, this sector will run. And since commodities like to trend, it should run for some time. How soon will this happen is anybody's guess but I believe this is nothing but a confidence game at this stage. Maybe one or two bad reports away.