The April contract finished well below the day’s highs, but not before re-energizing the bull trend by surpassing an ‘external’ peak at 1380.60 recorded January 19 on the way down. It would take a dip below 1344.10 to negate the bullish implications of yesterday’s thrust, but otherwise we can use as our minimum upside objective a Hidden Pivot at 1394.80 whose provenance is shown in the chart.