Yesterday’s wicked reversal will surely have gotten the attention of the bad guys, but it also puts the focus on two Hidden Pivot targets noted here previously. The first lies at 21.170, just six cents above yesterday’s high; the second, a more important resistance, at 22.505. As of 8:35 p.m. (EDT) Tuesday, the futures were flirting so comfortably with $21 that you’d think they were old friends. Please note that a close today above 21.170, or an intraday move exceeding it by two cents or more, would shorten the odds of a finishing stroke to 22.505 in the days ahead.
