The 6499.50 target I posted in the chat room Friday morning implied that a 100-point drop was coming. It did, almost. I also said the Hidden Pivot support would need to show some pluck to hold a full-blown bear market at bay, at least for a while. We didn’t get the test we were looking for because the pattern proved too obvious and its target got front-run with ES 60 points above it; however, a test is coming nonetheless. Stay focused this week on my magic number, and don’t accept anything less than a rally above C=6903.00 as minimal evidence the bull market is still breathing.
$ESM26 – June E-Mini S&P (Last:6588.50)
Posted on March 22, 2026, 5:20 pm EDT
Last Updated March 20, 2026, 9:27 pm EDT