The futures are showing savage power Sunday night, riding the strongest night-session surge that we can recall in a long while. At their peak, gains totaled around $25 for the session, although the futures have pulled back by $10 since and are consolidating in the early evening (EST).  My minimum upside target for the near term is 1166.70, a Hidden Pivot that lies just above the so-far high at 1163.00. If the futures push above 1166.70,  expect resistance at 1169.60, representing a 0.618 retracement of the correction begun from 1227.50 a little more than five weeks ago.  It would take just a hair more to extend the impulse leg so that it  has taken out a fourth “external” peak at 1170.20, but even without this, shorts are already dead meat as we begin the new week.