Index futures have receded somewhat Sunday night after having peaked Friday an inch from the 1383.50 target I’d proffered. No one in the chat room mentioned having initiated a short at those levels, so I am not establishing a tracking position. Nevertheless, we may get another chance to do so if the futures complete last week’s thrust with a feint to the 1392.25 target shown. Camouflageurs can get short using the first downtrending abc from there on the 3- or 5-minute chart, but if you’d like to take an easier route, try laying ’em out at the exact target, stop 1393.25. Consider that number a Sunday night secret. I have refrained from drum-rolling the 1392.25 target so that fewer imitators will be around if the opportunity to short it should arise.
