Buyers Unlikely to Remain Timid for Long

Some key trading vehicles, including AMZN, AAPL and NFLX, have stalled, although there is little reason to think bulls won’t overcome their timidity in the days ahead. Regardless, a crucial rally target looms in the E-Mini S&Ps, and I doubt it’s going to be a pushover like so many other Hidden Pivot resistances before it. We’ll soon find out, but I’ve advised a tightly stopped short there in any event.