A Hidden Pivot at 8302 (shown in the chart) beckons as a minimum upside projection for this rally. The pattern is somewhat obscure, and so I can recommend shorting at the target with a 4-tick stop-loss. The chief risk here lies in the close proximity of the target to round-number resistance at 8300. There is “structural” resistance at 8315 that you could use to place the stop-loss, but 12 ticks seems too expensive, since any progress above the target will bring the futures into the magnetic field of the 8392 peak recorded on January 18. There is also a more conservative play — shorting 8282 with a 4-tick stop-loss — that I can also recommend. It leans on the one-off ‘A’ at 7872. ______ UPDATE: A 4-tick stop-loss would not have worked, not quite, since the futures topped overnight at 8294 after a 201-point rally. Cancel the 8302 offer, since YM seems unaccommodating this morning.