The futures have been building an ostensibly bullish wedge since early June (see chart), but the process has dragged on for so long that traders can be forgiven for having ceased to care. Just so that we don’t miss the opportunity if it ever arrives, I’ll suggest setting a screen alert at 1592.30 today. That would be my hair-trigger threshold on the hourly chart for the start of a potentially significant bull move. Learn how to use ‘camouflaged’ entry signals to dramatically reduce risk. Click here to find out about the upcoming Hidden Pivot Webinar and get a $50 discount coupon on the home page.
