Of all the rally targets I’ve aired in anticipation of a potentially important top in the very near future, I’d rate the 12409 Hidden Pivot in this vehicle as the most promising.  This is partly because, unlike in the S&Ps, the target is above earlier peaks — in the middle of nowhere, so to speak, which is how I like ’em. I apologize for having drum-rolled the number, since the riff-raff is more likely to pick up on it; however, it’s been so long in coming that the advance publicity could not be avoided.  Ordinarily, this is a number that I would short with a four-tick stop-loss and be done with it. But because it’s been on the marquee for a while, a camouflage strategy will be the best and most risk-averse way to initiate the short.  I have reproduced the pattern yet again and am pleased to report that my eye continues to lock onto the ABC yielding the Hidden Pivot at 12409.  It is because the pattern is somewhat elongated and un-obvious that I am so enthused about the target.  _______ UPDATE (12:54 p.m. EDT):  During today’s tutorial session, we shorted 12368 in real time via camouflage, covering half of the two-contract position at p=12358.  We remain short one contract with a profit-adjusted cost basis of 12378. A stop-loss at 12379 is advised, but if the futures continue to fall, hitting 12310, switch to a trailing stop tied to the creation of a bullish impulse leg on the 15-minute chart.