ESU13 – September E-Mini S&P (Last:1686.50)

Even though I’ve treated the stock market’s ability to remain aloft as disappointing Q2 earnings rolled in as a sign of underlying strength, we shouldn’t ignore the fact that the S&Ps have begun to roll over from within inches of a major Hidden Pivot target at 1708.75 (see inset). We’ll continue to look for shorting opportunities in real time, so stay closely tuned to the chat room if you’re interested. Click here to learn how you can reduce entry risk by using the ‘camouflage’ trading technique.