The rally pattern shown has dominated and precisely controlled price action for the last week, most recently with a stall exactly at the midpoint Hidden Pivot, 2109.25. Once decisively past it the futures would become an odds-on bet to reach the D target at 2130.50 — equivalent to a 250-point Dow rally from current levels. Traders can get long via a ‘mechanical’ bid if buyers decisively exceed, then return to, either of two key levels — p or p2. The stop loss associated with each would be placed exactly 3.75 points beneath the entry price. If you are unclear on my relatively simple rules for mechanical trades, do not attempt this one. (Note: The green line at 2098.50 can also be used in the same way Sunday night, although I judge the entry risk to be somewhat higher than from p or p2.)
