E-Mini S&P

One fleeting, hysterical short-squeeze at a time, the futures are working their way toward the 1439.50 rally target first broached here a while back.  Getting long will understandably be a bitch; but short, maybe not so difficult.  Notice that, for all the hubris and hoopla surrounding these rallies, they are actually enslaved to the cosmic order from which Hidden Pivots are derived.  In that regard, see for yourself how yesterday’s rally precisely achieved the 1411.75 target of the pattern shown — not one tick more, nor one tick less. Rather be a trader than a lurker? Click here to learn how.

With a 1439.50 rally target theoretically still in play, your trading bias should be bullish at the moment. That said, camouflageurs should take extra care getting long at these levels, since the lesser charts are impulsively bearish. The thumbnail chart shows three ‘external’ peaks from just above which a ‘B-C’ pullback would be enticing. The camo pattern in progress when this chart was created looked too tired to use. Click here for information about the June Hidden Pivot Webinar.

The futures were off and limping yesterday, tacking on another six points of upside not long after the regular session ended.  The move was impulsively bullish on the hourly chart, although the surge looks too powerful to get us aboard risklessly by stealth.  My hunch is that the winning entry will come at the second signaled point ‘x’ of the still-undetermined pattern shown. Rather be a trader than a lurker? Click here to learn how.