Easy come, easy go. Bears’ gains from Tuesday’s gratuitous selloff all but vanished with yesterday’s wafting rally. The good news is that we may yet have an opportunity to get short at the 1138.00 target I drum-rolled here earlier. This will NOT be a bet-the-ranch trade, since odds will never be on our side for picking the exact top of a bull market that has been rampaging for more than six years. Even so, the target seems especially appealing because it coincides with a second Hidden Pivot resistance that looks likely to show some stopping power. Stay tuned to the chat room for real-time strategies whose goal will be to reduce entry risk.
