To be on record, the following repeats a note I posted in the chat room earlier today:  “967.30 should be used as a minimum upside objective for the near term. This is the Hidden Pivot (HP) midpoint of the pattern begun from 805.20 on January 15. The 180m chart offers a nice panoramic view.”  If you work the numbers you’ll find that the ‘D’ target associated with 967.30 lies at 1069.60 a price that I did not mention earlier. Usually I would infer the move to ‘D’ is under way following a two-day close above the midpoint. In this case, however, we’ll be more cautious, making the rally prove itself each step of the way, since we’ve had evidence already that the bull cycle begun in mid-April may be a bit timid.