The E-Mini S&P is weak enough Tuesday night to suggest that night owls may get a chance to bottom-fish the Hidden Pivot support I’ve flagged. (Click here for a free trial subscription that will allow you to find out exactly where the pivot lies.) A stop-loss as tight as three ticks can be used. Keep in mind that the scumballs who are manipulating the futures lower are doing what they do nearly every night — i.e., trying to find a level at which selling dries up so that the futures can be short-squeezed higher on almost no volume.
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