Despite yesterday’s hyperdrive recovery off a 1036.75 low, I’ll stick with the 1022.75 target given here earlier.  It may be a while in coming, since shorts will have been spooked pretty badly by the hysterical buying in the final hour, but I do believe it will come nonetheless.  In the meantime, there are two external peaks on the daily chart by which we might gauge the persistence of any mania that develops. The first lies at 1088.75 and is easily within reach, but the second, at 1147.50, will be much more challenging.  The 1022.75 target will remain valid in any case, so long as 1174.75 (aka point ‘C’) is not exceeded to the upside.