E-Mini S&Ps at a Key Rally Target

We took a short position in the E-Mini S&P overnight even though the futures had barely corrected from an ostensibly important rally target at 1984.25. This is obviously a very speculative bet, but the Hidden Pivot target we used to get short was just too succulent to pass up. We didn’t quite get our number, since the E-Minis actually topped at 1983.50.  That’s close enough, though, so we’ll cross our fingers and let it ride.