The Dow blew past a 14897 target last week, obliging us to find another. I’ll suggest using the 15193 Hidden Pivot shown, although the blue chip average hasn’t yet closed above another at 14969 that comes from the weekly chart (A=10404 on 10/7/11; B=13339 on 5/4/12). If and when that occurs, 15193 will become an odds-on bet as a minimum upside objective. However, the pattern from which it is derived is sufficiently clear and compelling that we should expect short-able stopping power to materialize thereupon.
