The futures have been shredding minor rally targets with the greatest of ease, so it’ll be interesting to see how well they do in the featured match-up against 1243.10, a Hidden Pivot that is,  as we like to say, not chopped liver.  Notice in the chart how all three price points — A, B  and C — are single-bar affairs on the hourly chart, producing a rally pattern that is clean, nicely symmetrical and compelling.  This suggests that although the target will be achieved as forecast, it is not likely to be a pushover.  If it is bulldozed within an hour of first being touched, however, it’ll be a good time to start pondering the monthly chart, with its 1398.50 (!)  target. ______ UPDATE (10:53 a.m. EDT):  A powerful, $26 rally hit 1245.40, effectively pulverizing the targeted resistance and all but guaranteeing higher prices over the near term.