ESM09 – E-Mini S&P (Last:858.50)

I still don’t see a ghost of a chance that the futures will not hit 871.25, at least, but if they exceed that Hidden Pivot by more than three ticks, brace yourself for more short-squeeze to a minimum 890.50.  The first target was originally offered as a good place to try shorting with a very tight stop loss, but the number has been pretty well advertised by now, and some front-running is therefore likely to occur, perhaps catalyzed by your fellow subscribers. Also, the pivot is less than ideal for trading purposes because it coincides with some very important highs made in early February.  If settlement today is above those highs, which lie respectively at 869.75 and 871.00, it would hint that bears will remain under pressure next week.