Much of the chop-and-slop of the last two days has taken place above June’s highs, so it is logical for us to infer that this is consolidation for another upthrust. We’re better off spectating nonetheless, even if the lesser charts are capable of providing a bit of camouflage for the nimble day trader. As of early Wednesday evening, a minor set-up promised to deliver 960.50, provided this Hidden Pivot’s midpoint sibling at 954.50 is decisively exceeded before 948.25 is breached to the downside. ______ UPDATE (11:12 a.m.): With short-squeeze histrionics operating at full-strength today, we should keep in mind the 998.50 target given here earlier. That remains my minimum upside objective for the cycle begun on July 8.