Friday’s powerful rally peaked to-the-exact-tick at the 2743.25 target I’d proffered. With a ‘top’ of sorts in, is it now safe for bears to come out of hiding?  Hardly. The target would have made for an enticing short if it had been achieved earlier in the session. As things stand, however, shorting there on the closing bell would have been much riskier, since bears were left hanging on the ropes, presumably anxious about Sunday evening’s opening. Assuming the futures continue to move higher — as why should we not, since they’ve been moving higher for nearly nine years? — we should keep the 2782.25 Hidden Pivot shown in mind as a minimum objective. This is the first time I’ve mentioned it, but it looks worthy of our attention, given the cluster of head-butts at the red line during the last two weeks of December. You can bid the futures mechanically at 2694.25, stop 2664.75, good through Tuesday, but be prepared to substitute a ‘camouflage’ entry at a higher level if the futures don’t pull back. The chat room will be the best place to seek real-time guidance for this, so stay tuned or check ‘Email Notifications’ on your account dashboard if you care.