The 2533.00 target broached here earlier remains valid as a minimum upside objective, but it’s time to shift our gaze higher to the 2595.00 target of the larger pattern shown in the chart. Its A-B impulse leg is well formed, implying a pullback to the green line from around 2550.00 can be used to get long via a ‘mechanical’ set-up. (Note: The trade would be invalidated if the futures fall beneath 2472.75 first.) If you’re not sure how ‘mechanical’ trades work, tune to the chat room at the appropriate time for informed discussion. If buyers blow past p=2533.88 with little trouble, that would significantly shorten the odds of a finishing stroke to 2595.00. _______ UPDATE (Jan 2, 5:52 p.m.): DaBoyz have taken the futures down sharply on news that Apple has lowered its Q1 sales outlook, but it smells like a set-up for a short squeeze.  The mechanical set-up is not ideal for a buy at 2483.75, stop 2452.00, but I’ll mention it nonetheless because the pattern shown, with a failed, would-be impulse leg intraday, looks like it will eventually deliver the 2578.25 target.______ UPDATE (Jan 3, 10:36 a.m.): The mechanical trade is hanging on by a thread, but if it is stopped out [It was!] the pattern shown here would be activated, putting in play a 2383.13 minimum downside target. _______ UPDATE (Jan 4, 9:15 a.m.): A stealth rally overnight on vaporous volume has failed so far to generate a bullish impulse leg. That would take a print at 2489.25, just above the overnight high. It would require no less than 2523.25 to invalidate the bearish target at 2385.38 (slightly corrected from the number given above).