The fact that Friday’s low occurred within a tick of a 1953.50 Hidden Pivot ‘midpoint support’ (see inset) is evidence that the larger bull trend will continue. This follows the rule that strong bull trends produce corrections that only get halfway to their targets.  Under the circumstances, we should use the 1987.25 target shown as our price objective for the next leg up. That would equate to a Dow rally of about 220 points, and it would be predicated on a decisive move past the 1966.25 midpoint pivot of the larger ABCD pattern shown.  For purposes of getting aboard, the hourly chart has many hooks that can be used to fine-tune your entry signal. Pullbacks from just any of the five ‘external’ peak that I’ve labeled should be used in this fashion to effect ‘camouflage’ entry with greatly reduced risk.  I’ll be in the chat room Monday to guide you, so don’t hesitate to query me if you plan to trade this vehicle. _______ UPDATE (12:20 p.m.): ESU has gnawed through a 1966.50 target (on daily, A= 1719.25 on Feb 3). The target is both clear and important, and so the fact that it has shown little stopping power strongly suggests that higher prices are coming. If so, the uptrending ABC pattern at the rightmost edge of this pattern (A= 1936.25 on 6/26) points to D=1987.25. Since the 1966.25 midpoint resistance has been exceeded by 8 points, D would appear to be a done deal. The midpoint pivot is now support, so any pullback to it should be regarded as a gift.