The futures slightly exceeded the secondary pivot of the pattern shown, implying odds are good for a follow-through to the pattern’s 2927.25 target. This is slightly lower than the 2929.00 target given here earlier and comes from using one-off A=2727.50 rather than the original ‘marquee’ A at 2726.50. The adjustment is small, but I wanted to provide a very accurate target in case you want to reverse a long position and go short there with an extremely tight stop-loss. I am recommending this only if you’ve made money on the way up, since the pattern looks too obvious to offer an easy-money reversal._______ UPDATE (Apr 8, 5:06 p.m. ET): Since this is The Bull Market That Wouldn’t Die, we should always keep a higher target in mind in case the one we’re using gets creamed. In this case, I’ll suggest using the 2969.25 Hidden Pivot shown in this chart. I am also revising the target flagged above back to 2929.00 for reasons that I won’t bore you with.
