So effortlessly have the futures breezed past the watershed, 29.405 high recorded on November 9 that the 30.465 rally target given here earlier is probably magnetic by now.  As noted at the time, a decisive move through the target will imply more upside over the near term to at least 31.545.  If you’re looking for camouflage, notice on the 3-minute chart how the buying is so powerful that most of the initial point ‘C’ lows being created on the way up are surviving unbreached. This suggests the futures are so eager to move higher that they can’t be bothered with second thoughts over whether traders might make money — heaven forbid! –by doing the obvious.