A compelling Hidden Pivot target sits not far above, at 68.35, but if it’s breached by more than 6-8 cents expect the rally to continue to at least 68.99. The lower number looks like the better place to try shorting, since the higher is too close to a whole number where at least moderate “natural” resistance will be anticipated. _______ UPDATE: The futures topped at exactly 68.99 before retreating sharply. In retrospect, the safest trade would have been a long from above 68.35. In reality, anyone who followed my advice would have lost money shorting the lower of the two pivots given, though not the higher.
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