Buyers did something on Tuesday that we don’t see very often these days, pausing for a few hours in their manic scramble to own every share they can get their hands on. Bears, with the wind at their backs for a rare change, failed for the umpteenth time to seize the advantage. When the dust settled, the futures had closed off a whopping nine points after being down as much as 20 points intraday. Oh well. Since a second day of accelerating weakness seems most unlikely, we’ll stick with the 2824.00 rally target given here earlier — or 2848.25 if any higher. Buyers can use a ‘mechanical’ set-up to generate a bid near the red line (p=2725.25), but I’d suggest using ‘camouflage’ on the one- or three-minute chart to do the actual trade, since the entry risk otherwise would be $2016 theoretical per contract.  Stay close to the chat room if you seek guidance for this in real time.  If the stock market startles by going lower we can sit back and enjoy the show, since many subscribers still hold soon-to-expire VXX calls purchased a couple of weeks ago for an average o.67. If the broad averages sell off as hard as they did for a while on Tuesday, those calls could triple in value in an hour. ______ UPDATE (Jan 17, 4:22 p.m.): No change. At the rate stocks are climbing, the E-Mini S&Ps should reach the 2824.00 target by no later than early Friday. It would equate to a 500-point rally in the Dow.  Of course, none of us will be the least bit surprised when the target is reached, but what might surprise some observers is how quickly this will have occurred. Please note that once 2824.00 has been exceeded by more than 1.50 points, the 2848.25 Hidden Pivot resistance will become an odds-on bet to be reached.