1470.00, here we come!  After hitting a 1432.25 midpoint pivot I’d drum-rolled in an update here yesterday, the futures have vibrated within a two–point range for nearly ten hours .  Strictly speaking, buyers will have to get past that number to be deemed fit for a follow-through to 1470.00. However, they were giving up so little ground overnight that a short-squeeze gap on the opening seemed almost certain. It also seems unlikely to be easily tradable, but I’d suggest a ‘timed buy-stop’ entry nonetheless if an ‘X’ opportunity should arise in the opening minutes on a chart of perhaps 3-  or 5-minute degree.  Tightly stopped or camouflage shorts from 1470.00 are encouraged if and when ES gets there, but I wouldn’t recommend taking the position home over the weekend. _______ UPDATE (11 a.m. EDT):  Stocks went flat on the opening — not a bad performance, considering the Obameconomy added just 96,000 jobs in August. The good news is that it makes him even less re-electable despite the news media’s shameless full-court press to tilt campaign coverage sharply his way. Click here for information about the upcoming Hidden Pivot Webinar and a $50 coupon.