Let’s require a close above 1261.00 on the weekly chart before we infer that much higher highs may lie in store for the S&Ps. That’s a Hidden Pivot midpoint, and it’s tied to a ‘D’ target at 1356.00. The Dow would be trading around 12400 if the latter number is reached — hardly a stretch in these crazy times. The move would be extraordinary if it occurs straightaway, but keep in mind that the A-B impulse leg that will have preceded it was itself extraordinary, climbing for ten weeks with barely a pause.