The Cubes have achieved escape velocity after triggering a textbook ‘mechanical’ buy in mid-May at the green line (315.29). Now they looks all but certain to achieve p2=350.90 at a minimum, but buyers will have to impale that pivot to ‘guarantee’ more upside to D=368.70, a Hidden Pivot resistance that at the moment is no worse than an even bet to be achieved. I am nonetheless tracking a bearish butterfly spread reportedly acquired by a single subscriber: four June 28 280/290/300s. A longshot bet on the unthinkable, he paid an average 0.18 for them. I would advise against trying to buy more, but stay tuned for a possible buy signal on the way up. _____ UPDATE (Jun 24, 8:03 p.m.): The Cubes finally reached the 350.90 rally target I’d said was a shoe-in, but they were unable to hold above it. Let’s see what the next day or two brings before we bet the pass line on D=368.70. _______ UPDATE (Jun 26): It took forever, but the Cubes finally achieved the 350.90 rally target I’d all but guaranteed above. No one ever mentions this vehicle in the Trading Room any more, but I’ll leave it on the sheets for subscribers who like to butterfly distant strikes. The next one of interest lies at 368.70 (as noted above), but there might be another kind of play if QQQ plummets to p or even x in this updated chart.