All’s well that end’s well. I noted here yesterday that there was plenty of supply between 2080 and 2090 to put the kibosh on the short-squeeze rally begun the day before. Sure enough, this little piggy poked its snout just above 2078 an hour into the regular session, evidently didn’t like what  it saw, then dove 20 points to finish on the low of the day.  From a Hidden Pivot perspective, the futures simply double topped at the 2078.75 target shown (see inset). Do they appear just a wee bit tired up here? It would certainly appear that way. In any event, I’m going to suggest moving to the sidelines and spectating on Thursday, since this vehicle looks like it’s fixing to cripple and maim. A couple of subscribers reported using the 2078.75 target to get short, but I won’t be establishing a tracking position because both of these guys appear to know what they’re doing.