AMZN, our number one bellwether for the U.S. stock market, has bounced an ostentatious 38 points from Friday’s bombed-out lows, but we shouldn’t be too impressed. For sure, the dirtballs who manipulate the stock for a living can’t wait to run it up to new record highs — to the 1083 Hidden Pivot target noted here earlier, unless I miss my guess. But it will take a little more time, perhaps 3-4 days, before those who got savaged by Friday’s carnage forget about it and turn rabid-buyer. Between now and then, use the pattern shown, with a 909.64 worst-case correction target, to understand AMZN’s behavior. The stock looks too scary to short at the moment, I agree. But for the record, it tripped a mechanical signal to do so at the green line, stop 984.10. We’ll pass up the trade and simply watch to see whether it does what it’s supposed to, more or less oblivious to the designs of those who deign to believe they control it._______ UPDATE (Jun 15, 1:27 p.m.): On the hourly chart, sellers have slightly penetrated a midpoint HP support at 953.16 that is associated with a 915.98 target. It’ll be well in play if the stock closes for two consecutive days below the pivot. Coordinates: a=1012.99 on 6/9; b= 938.63 on 6/9._______ UPDATE (Jun 16, 10:05 a.m.): DaBoyz have short-squeezed AMZN $34 on the opening bar, trashing the bearish pattern noted above and putting the stock back on track for a potentially climatic surge to 1083. This is a very major Hidden Pivot resistance with the potential to put a top on the bull market begun in 2009.