A Hidden Pivot resistance at 912.00 looks shortable, stp 913.25, but the trade is recommended for night owls only, since the pivot looks too delicate to survive Friday’s opening. I have included a chart because the pattern from which the target was derived is idiosyncratic but still compelling. It is attractive mainly because point ‘B’ poked marginally above the look-to-the-left high. _______ UPDATE: Not long before the opening, the futures turned violently erratic on news of yet another record-breaking leap in unemployment. The initial, brainless spike upward hit 914.75. That target corresponds, not to the one-off low (‘aka point ‘A’) shown in the chart, but to the lowest low, 891.50. Losses on the trade would have been small — less than $75 — but I should point out that no action should have been taken to begin with. The idea behind night-owl trades is to leverage promising, sometimes relatively delicate, pivots during the quiet hours of the night. The quiet was bound to have been shattered by the unemployment news, which came 40 or so minutes before the opening bell, and the trade should therefore have been canceled ahead of the announcement.