The hubris and bold mindlessness attending this rally is a theme I’ve already beaten to death, so let’s focus for now solely on the “technicals” (which is what we always do anyway).  With yesterday’s short-squeeze in the final moments of the session, the futures exceeded a 1313.25 pivot where “key resistance” had been precisely anticipated.  Now, we should shift our gaze to the next, 1324.50 — or to 1334.25 if the lower number is breached by more than three ticks.  That last Hidden Pivot, the end of the line for targets derived from the lesser charts, can be shorted with a stop-loss at 1335.25.   Please note, however, that there is an equally compelling pivot (see inset) at 1336.50, but it is too close to mid-February’s important highs to yield a trading edge.  Whatever occurs, the cluster of hidden resistance points begs to be shorted, preferably using camouflage.