ESM13 – June E-Mini S&P (Last:1592.00)

Surprise, surprise. A single day of  moderate selling in the face of dismal economic news seems to have rejuvenated OPM-crazed buyers for yet another run-up to new record highs. Keep firmly in mind the rally target that I have refrained from publishing outside of the chat room. This tactic won’t necessary prevent our getting front-run when we attempt to get short up there, but it might help thin out the crowd a little. As before, we will continue to guard against getting suckered if DaBoyz should spring a bull trap just above the 1594 Hidden Pivot threshold we’ve been focused on for many weeks and weeks.