I’ve shifted the point ‘A’ low a dozen bars to the left, an adjustment in pattern logic that has raised the rally target by around than 300 points, to 54,331. We’ve been using a target at 48,834 to stay confidently on the right side of an insane uptrend, but last week’s 48,905 effectively fulfilled it, marking a top a scant five-hundredths of a percentage point from our original price objective. Since then the futures have pulled back only slightly, hinting that the stampede is intent most immediately on the new target at 54,331. Given the clarity of the pattern to which it is tied, I doubt this Hidden Pivot resistance will be a pushover. However, judging from the way bulls impaled the midpoint pivot at 41,570, odds of the target not being reached are close to nil. Plan accordingly if you trade this vehicle.