This week’s 1756 low has become a springboard to 1808.30, the plain as-day target of the pattern shown. If that Hidden Pivot is reached it would create a bullish impulse leg of weekly-chart degree, surpassing February’s 1800.90 peak. However, it wouldn’t take much more than that — specifically, a further push above 1815.00, to conquer a second ‘external’ peak — greatly increasing the imputed power of this rally.
