A Hidden Pivot target at 1027.50 first noted here on August 14 looks relevant at the moment, since Friday’s high at 1026.75 came within three ticks of it. One above that number, however — a prospect that is not exactly a longshot bet in this never-ending bear rally — the next likely stop would be 1046.00, a target that comes from the daily chart (where A= 772.75, March 30). More immediately, a lesser target at1034.00 can be shorted by scalpers with a 1.25-point stop-loss provided it’s hit in the first hour and 1020.50 hasn’t been exceeded to the downside first. _______ UPDATE (10:56 a.m. EDT):  The futures have made a precarious top at 1034.25 exactly 57 minutes into the session.  If you shorted at my number, stick with the 1.25-point stop-loss that was given.  _______ FURTHER UPDATE (1:11 P.M.) :  The futures have dived to 1025.00, so I’ve suggested covering half of any shorts from 1034.00 at 1026.00 or lower.  You’ll be on your own now, but you should hold a small piece of the initial short for a possible grand slam. If you shorted a single contract, trail the stop 3.25 points — or wider at your discretion if you’re playing for a jackpot. (You can set the stop above 1035.00 if this is your goal.)