The highest rally target I can project using the intraday charts lies at 1975.00 (although the futures will first have to get past a lesser Hidden Pivot resistance at 1950.50). Either number is shortable, but only if you are able to cushion the stop-loss with profits made on the way up. The lower target will likely be useful for night owls only, since it lies but 8 points a way at the moment. Please note that if 1978.25 were to be exceeded, it would put a Hidden Pivot at 2037.50 theoretically in play — a new record high.
