At day’s end, the futures looked poised for a 23-point thrust to 864.75. The midpoint resistance lies at 847.00, just beneath the 848.50 high of yesterday’s recovery spike. That could prove advantageous for us, since any progress above 847.00, even 2-3 ticks, would telegraph a breakpout above the visually obvious peak at 848.50. You could get long on a buy-stop accordingly, although I am recommending this trade only to those who understand how this might be done using a ‘camouflaged’ point ‘X’ entry. ______ UPDATE: Forty minutes into the session, the futures are coughing and wheezing their way toward 864.75, having tripped our Hidden Pivot alarm last night with a print at 847.50. However, staying long would have required cunning and courage — or better yet, obliviousness to risk management — since the rally overnight was as choppy, tedious and tortured as could have been imagined. This continues as I write these words, and it should be no comfort to bulls that the futures are struggling so hard to reach 864.75.