I’m still shaking my head, wondering how I got played this morning. Seems I was too eager for the weak opening to turn into Antietam for bulls. Viewed with hindsight and proper perspective, however, the rigged, oversold opening was the same old one-trick pony we’ve seen a hundred times before, and it barely dented the bullish chart shown in the inset. This simple view says the bear market rally is headed most immediately to 4220.25, although I’m tempted to use a marquee ‘A’ at 3735.00 that would max out the pattern at 4233.50. That should be it for this hoax, but let’s keep an open mind. Of the two targets, we’ll take our pick and get short when — not if — the futures get there. We can go with the bullish flow in the meantime — no matter what the news or how dismal the earnings announcements, and regardless of how brazenly the openings are manipulated. ______ UPDATE (Feb 3, 11:32 a.m.): Here’s the ES chart, updated. I have settled on the maxed-out target at 4233.50 (as implied when I bold-faced it to begin with). Market behavior lately has been as deranged as I can ever recall. The chart eliminates the wacko-o psychosis of price movements in gold, ES and FAANGs, etc. and renders them, simply, as impulse legs and ABCD patterns that don’t care about craziness. None of it has disturbed the target, which went out to you last Sunday, when the futures were trading 100 points lower.