We hold a single contract, basis September, with an adjusted cost basis of 175.03; it yields a paper gain so far of about $2,485. Let’s roll into the December contract, since we are holding for a target significantly above these levels, and correct the cost basis down to 176.73. Basis the December futures, the rally target lies at 197.00, a Hidden Pivot whose sibling midpoint is 176.80.  Rather than going for broke, as I implied we might earlier, let’s take a disciplined approach by stopping ourselves out if a bearish impulse leg is created on the hourly chart. That would occur today on a print below 180.55. ______ UPDATE:  Bulls took a brutal pounding yesterday, but we side-stepped most of the damage, exiting our position at 180.50 on the stop-loss suggested above.  The theoretical profit would have been a bit less than $1400 per contract.