Yesterday’s powerful turn from above our target has very bullish implications for the near term, but the futures will still need to get past a key Hidden Pivot midpoint at 1.4175  to prove their mettle. A two-day close above that number would imply additional upside potential to as high as 1.4613. _______ UPDATE (3:05 p.m.):  The futures made it only to 1.4133 before collapsing to wipe out nearly all of the previous day’s gains. Once again, a coldly mechanical reading of the charts spared us any emotional investment in the rally.