I hate to queer a potentially great pivot at 1336.50 by drumrolling it, but it remains the hidden resistance that I most like among myriad possibilities. You can still short the lesser pivot at 1335.25 with a 1.00-point stop-loss, but it will take a bit of luck for the potentially important top that I expect, to occur precisely at that number, given its close proximity to mid-February’s watershed high at 1337.75. My gut feeling is that the big winner that we permabears have been looking for will occur following a head-fake above the February top. However, the only way we can be prepared for all possibilities will be to exploit every camouflage ‘D’ from this point forward. This is a 24/7 job, and so I’m counting on the support of all you ace Pivoteers who frequent the chat room.
