Bulls regained command yesterday after impaling no fewer than four ‘external’ peaks on the hourly chart and closing this vehicle near the intraday high. There’s little point in focusing on Hidden Pivot targets just above, since any I might offer are overshadowed by the resistance of two important peaks at 1377 recorded respectively on February 29 and March 1. Once above them, the futures would become an odds-on bet to hit 1381.25, the target of the pattern shown. That number is shortable via camouflage; or, more simply but with more risk, using a 1381.00 offer, stop 1382.25. If you use the latter strategy, exit half the by-then-profitable position at 1377.25 and use a trailing stop suited to your style for the rest.
