I’m tracking a single-contract short with a profit-adjusted cost basis of 2209.00 and a stop-loss at 2186.25.  Today’s chart returns us to the big picture, which shows a bull-market target at 2304.75.  A pullback to the red line would be a ‘mechanical’ buy in theory, but in my estimation a ‘mechanical’ entry on a further pullback to the green line (2062.31) would be less risky.  We’re not bound to this relatively risky tactic, however, since we can ‘convert’ a mechanical signal to ‘camouflage’ if and when the opportunity presents itself. That would entail waiting at least until next week, when the futures will have spent sufficient time hovering above the red line to vindicate a mechanical bid.  Meanwhile, based on the robust look of the pattern and the way buyers blew past the midpoint Hidden Pivot at 2143.13 on the first try, I would surmise the following: The bull market could make its ultimate high shy of 2304.75, but I doubt the final turndown would come before p2=2223.94 is achieved. _______ UPDATE (August 21, 11:45 a.m. EDT): No change. Three days of tedious, gratuitous spasms have yet to push the futures any higher than 2184.50, so our short position remains intact.  DaBoyz will keep trying, opportunistically moving this brick higher as soon as conditions favor yet another short squeeze. That is virtually the only source of buying power sufficient to overcome supply when there are no good reasons to own shares. _______ UPDATE (August 22, 7:27 p.m.): Yet another day of pointless thrashing around has changed nothing for us. Rallies haven’t been strong enough to reach the ‘easy’ stop-loss at 2186.25. However, sellers are evidently too enfeebled to push this vehicle down to a just-as-easy 2159.25 Hidden Pivot support based on these coordinates (15-minute): a= 2190.75 on 8/15; b= 2165.50 on 8/17; and c=2184.50. Actually, the selling has yet to even reach the midpoint support at 2171.88, and that’s why I expect the tedium to end with bulls victorious.