It’s back to reality following yesterday’s contrarian, benefit-of-the-doubt tout. Reality in this case takes the form of two Hidden Pivots shown in the 240-minute chart (inset). The downside target of the larger pattern is 25.230, and it is probably magnetic by now. Just above it sits the 25.505 target of the lesser pattern, and if it is breached the fall to the lower number would likely be swift. Bottom-fish at either number if you are able to limit theoretical risk to $70 or less per contract, presumably via camouflage. If any fills are reported in the chat room, I’ll establish a tracking position for your further guidance.
