I’ve taken another look at the 123^21 target on charts of various time frames, and it still looks compelling as a place for a top of at least intermediate importance to form.  However, if the futures were to blow past it, and especially if they were to do so effortlessly, it would have implications potentially so bullish that I’ve yet to imagine them. Using the continuous weekly chart, you could make a case for 137^08 (!).  The rally would kick off in earnest following an upside penetration of the 124^03 peak recorded in November. Frankly, I’m not quite sure what kind of world we’d be living in at that point, economically speaking, since it suggests among other things that all of the world’s capital will have flooded into Treasurys — presumably for the sake of  “safety.” Incredible!