From a Hidden Pivot perspective, it seemed sufficiently difficult to short yesterday’s top in the Mini-Dow, and to stay short, that lower prices appear likely. However, we won’t know for a while whether the two Hidden Pivot targets we’d been using in the Mini-Dow and the Mini-S&P will turn out to have precisely nailed the top of the Mother of All Bear rallies begun 26 months ago. Odds are against this, but as subscribers will have surmised by now, we can get short at every potential top without fear of harm.
