What I’ve been calling a dead-cat bounce is looking less so by the day as buyers clamor for the “ultrasafe” paper of a supposedly resurgent Europe.  This is the stupidest trend we’ve seen in the financial sector in a while, but we’ll have to let it run its course rather than gawk in disbelief that it could happen at all.  From a technical standpoint, the 1.3145 midpoint pivot of the pattern shown can serve as a minimum upside target for now.  Anything above it, however, would portend more upside to the ‘D’ sibling at 1.3476. Camouflageurs shouldn’t let the perfect little impulse leg at the right-hand edge of this chart go to waste, since it promises a low-risk, picture-perfect entry opportunity on a chart of lesser degree.  Want to learn how to use the Hidden Pivot Method to reduce trading risks? Click here for information concerning the upcoming webinar on November 6-7 and a $50 discount.