I’ve set a screen alert at 34.065, since a print at that price could help extricate the futures from the rut in which they have been dithering for nearly a month. Notice that a rally touching that number will have exceeded no fewer than three ‘external’ peaks, smoothing the way for bulls to trample and mangle the bad guys for a change. They’d still need to close above 34.140 for two consecutive days to clinch it, however. That’s a midpoint Hidden Pivot, and it is associated with a ‘D’ target at 35.635.
