We’ll put aside 1196.50 as a place to attempt getting short, since buyers are eating through the Hidden Pivot tonight like some insatiable strain of larva. I like another Hidden Pivot at 1202.50 better anyway, since it is just above too-obvious resistance at 1200 rather than just below it. A three-tick stop-loss would be appropriate, and it implies that you could start taking partial profits on a pullback to 1200.25. The relevant coordinates are shown in the accompanying chart, and you’ll want to notice the sibling resemblance between k-A and B-C that makes the target enticing. If it is rudely brushed aside nonetheless, we’ll be looking at more upside to at least 1212.25 (also shortable, stop 1213.25).