With two pullbacks precisely from the midpoint pivot, the pattern shown is the one we should use to project the next move. It seems likely to be up — at least to the 1996.75 ‘p2’ pivot, or possibly to D=2032.00 if any higher. Both of these Hidden Pivots are short-able with tight stops. However, if the latter number is reached, you can be certain that bulls and bears alike will be fixated on the prospect of new record highs, and that will give short-covering a life of its own. A further implication is that any rally that closes above p2=1996.75 for a day or two will shorten the odds of a record-breaking (or -tying) push significantly. I raise the point because, judging from the discussion in the chat room, some of you appear to be growing more bearish than Hidden Pivot analysis would seem to warrant. Today’s price action is likely to be fly-or-die crucial in any event, since it would take a mere 15-point thrust to generate a powerful new impulse leg on the hourly chart. _______ UPDATE (10:29 p.m. EDT): With the futures in a shallow pullback after a strong rally, DaBoyz were having trouble Wednesday night trying to shake loose  some bargains. Accordingly, we should look for the rally to dance on or just beneath the numbers furnished above, with potentially tradable implications at each.