When I proffered a 9050 target in the chat room yesterday with the Dow trading 600 points lower, I didn’t imagine it would be reached in mere hours. Be that as it may, the target is a Hidden Pivot midpoint, and the fact that it was exceeded by 30 points intraday means its ‘D’ sibling at…9955 (!) is now in play. But before we give the bull the further benefit of the doubt, let’s stipulate that the rally touch 9383.40. That would be solidly impulsive on the hourly chart, surpassing an “external” peak along the wall of last week’s decline. The 9955 target sounds a bit extreme to me, since I cannot conceive of anyone, even panic-stricken shorts, finding a rationale for buying at those levels. However, one should never underestimate the potential of a short-squeeze, especially in such very interesting times as these.