There’s a bit more immediate upside — to the 1151.25 target shown in the chart — and you can short that Hidden Pivot with a stop-loss as tight as 1152.25. Notice that there’s another target too — of a larger order or magnitude, at 1156.00.  I prefer the lower one, however, since the point ‘B’ of the pattern yielding the higher target did not exceed June 21’s 1124.50 peak.  It is therefore not a true impulse leg, but rather a rally of “sausage-factory” quality.