Steel yourself for the news media’s inevitable drum roll-and-kazoo tribute when the Dow closes above 11000 for the first time in more than a year-and-a-half. The exact number to expect — a shortable, potential top at exactly 11077.17 — is a Hidden Pivot derived from a pattern similar to the one that produced the 1196.50 target in the E-Mini S&P. It is a resistance of only middling importance, and although it could ultimately prove to be something more than that, this opportunity should not be considered a bet-the-ranch proposition. _______ UPDATE: The trade was a non-starter, strictly speaking, since the first tradable selloff , a 38-pointer, came just after an 11075 high — two points below our short offer. Next likely stop, according to our Hidden Pivot runes: 11,163.92.