ESM09 – E-Mini S&P (Last:909.00)

Early Wednesday evening, the futures were playing toe-sies with the 917.75 Hidden Pivot target identified in yesterday early-morning update. They have been no higher than that today, but we shouldn’t rely too heavily on the pivot’s stopping power.  If and when it gets smashed, look for the futures to continue higher, to at least 933.50. That’s a Hidden Pivot we identified during yesterday morning’s webinar for seminar grads, and it’s shortable with a stop-loss as tight as three ticks.  Even more advantageously, night owls should look for “camouflaged” entry opportunities on the long side, since a trade from these levels has $1000 of profit potential per contract, in theory. _______ UPDATE (4:25 a.m.):  Looks like DaBoyz are struggling to keep ES from running away. 912.00 has been the overnight low so far, but the futures have since rebounded to puncture Wednesday’s high. This all but clinches the predicted run-up to at least 933.50.    _______ FURTHER UPDATE(11:30 a.m.):  The chart shows that this morning’s high occurred a tick off the ‘D’ target derived from the “one-off” point ‘A’.