Tuesday’s powerful surge blew past the 154^30 rally target given here yesterday, implying that it is being driven by a bullish pattern of larger degree. The one shown suggests the futures will hit a minimum 157^03 before they take a breather. This Hidden Pivot is liable to offer stiff resistance, implying that shorts initiated there, tightly stopped, would enjoy attractive odds. An eight-tick stop-loss is advised, but I am recommending the trade only to those who catch a profitable piece of the rally getting there. As always, an easy move through so clear a Hidden Pivot resistance as 157^03 would imply that the next — in this case 160^19 — is likely to be reached. _______ UPDATE (December 3, 8:30 p.m.): As nasty as yesterday’s selloff was, it is merely corrective of the bullish pattern shown. Time will tell whether this assumption is correct, but I very strongly doubt that the futures will negate the intermediate-term uptrend by breaching the 150^03 low._______ UPDATE (December 8, 1:09 a.m.): The futures have surged nearly three points since bottoming at 151^12 last Friday. That’s a quite robust bounce, but they will need just a little more oomph to push past lays of supply that range from here to 156^08, where the stock topped last week before Friday’s v-shaped swoon._______ UPDATE (1o:23 p.m.): Tuesday’s intraday high at 155^31 precisely coincided with a p2 Hidden Pivot resistance, but I expect bulls to get second wind when this pullback has run its course.  If and when they vault the hidden resistance, presumably with a running start from moderately lower lows, look for the thrust to reach a minimum 157^17, the ‘D’ target of a pattern on the daily chart begun from 150^03 on 10/9. A mechanical bid from 154^15 would take a stop-loss at 151^14. ________ UPDATE (December 14, 10:30 a.m.):  The 157^17 target noted above caught the recent top to the exact tick, giving way to a selloff that has so far hit 155^31.  If you used the target to get short, please let me know in the chat room so that I can establish a tracking position. Meanwhile, the fact that the high the October 27 peak rather than exceeding it is a cautionary sign.  At the least, it suggests bulls will need to retrench for more than just a few days in order to recharge for the next thrust.