AMZN remains on track to fall to at least 1774.26, a Hidden Pivot support given here earlier. The stock just missed rallying last week to 1881.70, where it would have signaled an enticing ‘mechanical’ short. A somewhat riskier short would be triggered by a rally touching 1845.89, the red line. This trade would require a stop-loss at 1869.76. The cheapest leveraged bet here would entail buying expiring at-the-money calls with AMZN trading within 25 cents or so of the target._______ UPDATE (May 31, 10:)2 a.m. ET): The stock’s plunge today has fulfilled the target with a low just beneath at 1770.90. A $20 bounce ensued but is fading. ______ UPDATE (Jun 4, 5:54 p.m.): As impressive as today’s short-squeeze rally may have seemed, it was not as impressive as this bearish pattern, which implies minimum downside remains to p=1599.