ESU10 – September E-Mini S&P (Last:1101.00)

September E-mini S&P (ESU10) price chart with targetsIt was all downhill yesterday after the opening bar, and you can look for the same, dead-tired, bull-trap con-game again this morning, except with perhaps even less energy. Regardless of whether the first hour will be as good as it gets, night owls can bottom-fish a Hidden Pivot support at 1098.25 with a stop-loss as tight as two ticks. The relevant pattern is shown in the accompanying chart. _____ UPDATE (12:45 p.m. EDT):  Today’s “action” is indeed almost too tiresome to watch. Cancel the bottom-fishing bid, lest the demands it makes on one’s attentiveness arrest the heart.