The 1333.25 rally target given here yesterday would have yielded a nice short, since the futures plunged a gratuitous 12 points after topping at exactly 1333.75. They subsequently shot up to 1334.25 to end the day, implying that this vehicle is firmly in the hands of madmen and thieves. Whether they know it or not, and barring some sort of black swan event, the cosmos have ordained further upside to a Hidden Pivot target at 1347.75. It is shown in the chart, but I’ll leave it to deft camouflageurs to make proper use of it, long or short, since I will likely be away from my desk — am in fabulous Pittsburgh, actually — if DaBoyz should try to sneak one by us. _______ UPDATE (9:46 a.m.):  The futures turned unusually weak this morning — so much so that two very wild pump-and-dump, pre-opening spikes engineered by the usual dirtballs achieved no better than 1331.00. Now, in the early minutes of the regular session, they’ve exceeded the 1316.00 downside target of an obvious pattern (60m, A=1334.25 on May 29 at 5 p.m.), implying that still more weakness impends. If so, the 1308.00 midpoint support of a larger pattern beckons as a logical minimum downside target for now. Calling the turns confidently and dramatically reducing the risk of trading are easier than you might think.  Want to learn how? Click here for information concerning the upcoming Hidden Pivot Webinar on June 6-7.