The futures easily surpassed the “soft” peak at 1358.90 on the hourly chart, so it is appropriate to shift our focus toward bullish targets rather than worst-case correction scenarios. Two logical rally objectives shown in the accompanying, hourly chart deserve our attention: 1406.70 and 1427.50. Their respective midpoints lies at 1361.20 (already surpassed) and 1371.60. The latter Hidden Pivot (‘p’) can serve as a minimum upside target for the moment, but if it’s exceeded on a closing basis or by more than two points intraday we’ll raise our sights to 1406.70.