We’ve been using 966.25 as a potentially serious obstacle for Mother of All Short Squeezes, but if you look at the accompanying chart you’ll see that 981.75, a Hidden Pivot derived from a lower point ‘A’ than the 966.25 target,  is just as compelling. Keep in mind that it costs us nothing to over-estimate the rally’s power, since, if it winds up falling short of our objective, the failure will be telegraphed from the get-go on the lesser charts.  As of 8:30 p.m., a steady drift higher toward this week’s peaks made camouflage entry an unusable strategy.