We’re using the 2038.67 target shown as a minimum upside objective, but if it is decisively exceeded our sights would shift to a significantly higher Hidden Pivot resistance at 2260.32. It is derived by lowering the current point ‘A’ to the 710.10 low recorded in November 2016. The first target is sufficiently compelling to warrant getting short there, but I would suggest doing so aggressively only if you’ve profited by being long on the way up.  If you elect to fade this very powerful uptrend, consider using puts priced under $1 and expiring in 7-10 days._______ UPDATE (Sep 4, 10:10 p.m. EDT): Buyers hit 2050.50 today, putting the 2260.32 target nominally in play.  Even so, if you bought puts please report it in the chat room so I can determine whether to establish a tracking position. Typically, puts should be exited on a stop if they fall to half their purchase price._______UPDATE (Sep 6, 6:24 p.m.): AMZN has topped in an interesting place (click here for graph) after marginally exceeding the 2038.67 Hidden Pivot resistance identified above. The yellow flag is out — not just for AMZN, our #1 bellwether, but for the broad averages and the aging bull market._______UPDATE (September 6, 11:01 p.m.): The stock has dropped 115 points, or 5.6%, since topping earlier this week 12 points above an important Hidden Pivot resistance at 2038.67 target. Bulls will need to push this bag of hot air above 2014 to retake the offensive.