Unlike the E-Mini S&P, this vehicle has decisively exceeded the intraday highs in night trading and is currently hovering above the 12588 Hidden Pivot midpoint associated with a ‘D’ target at 12639. That’s my minimum upside projection for the very short-term, but it will be catch-as-catch-can boarding at these levels, since the bullish trend is by now well exposed. Tightly stopped shorts from 12639 look like they’ll enjoy great odds. _______ UPDATE (8:00 a.m. EDT): The futures ran up to 12631 overnight, topping eight ticks beneath the target and effectively completing the pattern shown in the chart. The slight shortfall hints of tired action today. The correction from the overnight high projects to 12570, and although I wouldn’t suggest bottom-fishing there with the usual microtight stop-loss, the hidden support could prove useful analytically, since a breach, even slight, would portend still more weakness. _______ FURTHER UPDATE (8:29 a.m. EDT): The futures have exploded for who-knows-what-reason, giving DaBoyz the wherewithal this morning to squeeze shorts, yet again, to within an inch of their lives. This gambit points to a potentially tradable high at 12677 with a possible ‘camo’ buying opportunity on a pullback to its 12629 midpoint sibling. (Click here if you’d like to learn our proprietary trading tricks yourself — for $50 off the regular price of the Hidden Pivot Webinar.)