Mr. Market Seems to Be Cooking Up Something Special

True to his diabolical nature, Mr. Market generated a potentially very important buy signal and a sell signal just hours apart on Wednesday. The latter was of somewhat larger degree, but either way, we’re likely to see a big move in one direction or the other, and soon. I expect to be able to make a clear call on this by week’s end, depending on how the E-Mini S&Ps act relative to bullish and bearish midpoint Hidden Pivots that lie nearby on their respective hourly charts. These are interesting times, for sure — you can feel it in the tempo of the news both good and bad. We could pray for a dull ending to the week, but I doubt we’ll be so lucky.