By puncturing the 1060 peak recorded in March of 2009 last week , the futures demonstrated their appetite for bigger things — presumably a push toward a Hidden Pivot at 1134 identified here earlier. First, though, they’ll need to reckon with a lesser but still formidable hidden resistance at 1074.50 that has been drum-rolled here.  The less effort they display getting past it, the shorter the wait, probably, before bulls storm higher into new record territory.  Most immediately, the lesser intraday charts would need to see a print today at 1053.90 before we could be reasonably certain bulls are ready to kick butt. The speck of resistance at that number is shown on the accompanying chart, and it deserves the same level of respect we gave the one at 1011.90 that signaled the start of this nearly 50-point rally.  Any b-c pullback from just above it should be seized upon as a camouflage opportunity of the most felicitous kind.  In the accompanying chart, I’ve sketched out how a stealth entry might play out in idealized fashion. _______ UPDATE (9:43 a.m.):  There was good camouflage for boarding a $5 rally with very little stress, although it did not unfold in precisely the way shown in the chart. Instead, the A-B impulse leg (nicely visible on the 15-minute chart) topped at 1053.70 (at 5:15 a.m. EDT) before pulling back to 1052.10 for point ‘C’.  Entry (aka, point ‘X’) would have come at 1053.30, tied to a target at 1056.80 that was ultimately exceeded by 1.50 points.