Using scalpel and forceps to expose some finely nuanced price action in Gold and the E-Mini S&Ps, we were able to identify Hidden Pivot targets in each that promised to be tradable later in the day with relatively little risk. Both vehicles were falling, and although the evidence was strong that the weakness would continue over the near term, we established clear and precise parameters that would allow us to detect a bullish turn from the very subtlest beginnings. And one more thing. Bill Gross, please take note: 30-Year Bond Futures are going much higher – to at least 128^07.
