A 1652.00 target (see inset) beckons as a possible summer high, and it would become an odds-on bet following a two-day close above the 1558.10 midpoint.  More immediately, a modest push to 1560.80 appears imminent. That’s the ‘D’ target derived from these coordinates on the hourly chart: A=1523.20 (June 17, 4 p.m. EDT); B=1548.20 (June 20, 10 a.m.); and C=1535.80 (June 20 11 a.m.). Expect it to show some stopping power, but if the futures close above it a 1578.60 target that also comes from the hourly chart would be in play.