Friday’s vicious short-squeeze — triggered, apparently, by yet more Chauncey Gardiner talk from the chairman of the Federal Reserve — looked like it was bound north for a Hidden Pivot resistance at 1201.00 when the music stopped on Friday. Its sibling midpoint resistance at 1167.00 appears to have become support, and therefore a base for the next push.  Camouflageurs may want to note that, as of around 7:25 p.m. EDT Sunday, the futures had created a beautifully disguised impulse leg that appeared to double-top with Friday’s highs. As the chart shows, however, the move is impulsive and therefore a potential set-up for a very low-risk long entry.  I’ve sketched out a possibility, although a point ‘C’ low for the pattern we’d be trading has yet to occur. _______ UPDATE (11:10 p.m. EDT):  The camouflage pattern shown in the chart developed into a perfect trading opportunity when it tripped an 1177.00 entry signal 7:55 p.m. All three coordinates were single-bar, and the trade hit the 1178.75 midpoint for a “success” 40 minutes later.  If you kept a single contract after the trade became a “winner” at 9:20 p.m. (D=1182.50), hold for a minimum 1198.50, a minor ‘D’ target that looked like a lead-pipe cinch at 11:15 p.m. EDT. (A=1147.50 on Friday at 10:35 a.m.).  The 1210.00 target given above also remains valid, suggesting there will be considerable stopping power near the round number.