Although I have Hidden Pivot targets well above these levels, we’ll stick with little stuff for now, since the uptrend has been so herky-jerky. Most immediately, that will train our focus on the 2302.25 target shown. I like it because of the way the rally has kow-towed to both the midpoint pivot (p) and the secondary pivot (p2). You can use a mechanical bid at the green line (2272.25), stop 2262.00, but trying it at p=2282.25 might be cutting it too close, since the required stop-loss would be at 2276.00. Even so, and as always, you could use the mechanical signal that would be generated by a pullback to p to set up a ‘camouflage’ entry thereupon. Finally, night owls have the go-ahead to place a mechanical bid at 2282.25 Sunday evening if it looks like the futures are being coaxed down to that level by the usual sleazeballs. The 2276.00 stop-loss noted above would sill apply.
