Tuesday’s tedious histrionics missed my targeted low at 1955.00, but this Hidden Pivot support/resistance should still be used as a place to bottom-fish. Don’t expect it to work as precisely as our targets usually do, however, since these proprietary swing points tend to become a little vague after they’ve been ‘used’ once. Think of it as a ‘logical’ place for a price reversal to occur, and therefore an opportune spot for initiating a trade. The ‘camouflage’ entry technique will work best here, especially since relatively few other traders know the support exists.

Additional caution is warranted because the scheduled release of FOMC minutes could send the futures fleetingly outside of our allotted bands. My hunch is that ‘everyone’ has placed a bet on volatility, and that as a result, the stock market will be relatively subdued. If you’re planning on ‘jackpotting’ here, my recommendation is to leg into a strangle, selling puts/calls at swing highs/lows that align with clear Hidden Pivot targets. My initial guidance on this references the 1947.25 target shown, but this Hidden Pivot may prove more useful for night owls than for those who will be trading the regular session.