The bullish pattern shown suggests that the rally from mid-February’s low is close to exhaustion, but probably not before it hits the 2017.25 target. Moreover, because the futures have poked decisively above the p2 secondary pivot at 1982.25, they would become a ‘mechanical’ buy, at least in theory, on a pullback to p=1947.25, stop 1923.75. A similar opportunity to get long via a 1982.25 bid, stop 1970.50, would materialize if that pivot were to be exceeded for a few bars by at least 12 points. To reduce entry risk by as much as 95%, consider using ‘camouflage’. This would entail trading an ABC pattern of much small degree if and when a ‘mechanical’ entry has been signaled at either the red or the pink line. ______ UPDATE (10:15 p.m.): DaSleazeballs have maneuvered the futures a bit higher tonight, bringing into sharp focus a rally pattern with a very shortable target just two ticks above the so-far high. The target lies at 1986.75, versus an actual high at 1986.25. Here are the coordinates on the 10-minute chart, so that you can see what bulls are up against: A=1966.50 (3/8 at 4:00 p.m.); B=1984.50 (3/9 at 7:20 a.m.); and C=1968.75. _______ UPDATE (8:50 a.m.): Another six weeks of nuclear winter for bears? DaBoyz blew through the 1986.75 target at dawn, apparently intending on the 2016.00 target of a larger pattern (30 minute, A=1796.00 on 2/11; B=1934.75). That is my minimum projection for the very near-term. Short there only if you’ve been long for a least a part of the ride up. (Note: This target and the original one at 2017.25 are one and the same; the earlier one was based on an erroneous Tradestation coordinate.)