The futures impaled a clear Hidden Pivot resistance at 2356.25, surpassing April 12’s ‘external’ peak at 2356.50 in the process to generate a robust impulse leg on the intraday charts. Clearly, bulls are in great shape to end the week on an upswing, although it may require a soft opening to prevent stocks from getting too juiced at the bell to attract buyers. I have no ‘easy’ trade to offer overnight, since it’s impossible to predict where the point ‘C’ low of the pattern shown will occur. It looks promising nonetheless and would become still moreso for tripping a buy-stop entry if DaBoyz open this vehicle moderately lower, then reverse it suddenly in the first five minutes of the session.
