ESZ09 – E-Mini S&P (Last:11104.25)

The futures have been screwing the pooch since early November.  Are they perhaps trying to tell us something?  Such as:  It’s not worth trying to guess when the breakout — or, somewhat less likely, the breakdown — will occur?  My guess is that it won’t be today, so let’s  celebrate with a one-day moratorium on Hidden Pivot targets for this sludge-pot.