I’ve scaled back my ambitions for this vehicle in favor of a more practical chart that promises to get us aboard the rally to 355.05 that is likely coming. The ‘mechanical’ opportunity that would follow a single-level pullback is a no-brainer, but we can hardly count on such good fortune, so we may have to improvise on the fly. Stay tuned to the chat room if you care, since any low-risk ‘camouflage’ or rABC set-ups that materialize are most likely to happen intraday on the lesser charts. ______ UPDATE (Apr 5, 5:44 p.m. ET): This morning’s opening-bar gap through p=326.27 all but guarantees that 355.05 will be reached._______ UPDATE (Apr 8, 8:16 p.m.): The 335.05 target still looks like a winner, but I should have mentioned that p2=346.66 is a logical — and potentially tradeable — place for a stall. Here’s the chart.
