Although we’ve been using a minor Hidden Pivot at 1347.75 as a minimum rally target, we’ll want to be extra cautious about any feint above recent highs, since that is where bulls will be at their most complacent and vulnerable. If the futures simply fall Monday morning without having exceeded 1334.00 Sunday night, you can try tightly-stopped bottom-fishing at 1325.00 (30-minute, A=1337.75). Please note, however, that they would be signaling more weakness to at least 1319.00, the midpoint pivot of the pattern shown, if the stop is hit.
