ES will become a juicy ‘mechanical’ shorting opportunity when it hits the green line (x=5194.50), probably on Monday or Tuesday. Entry risk is $7000 per contract, so the trade is suggested only to subscribers who know how to set up a risk-averse, ‘camouflage’ trigger. I posted an equally appealing trade on Friday, based on a pattern that was gnarly perfection. Unfortunately, I neglected to consider that AAPL’s earnings were due out after the close. Ordinarily, I would say the pattern should have ‘known’ that the company was going to announce a $110 billion buyback that would send the S&Ps, if not the stock itself, into a rabid, short-squeeze.  AAPL’s reaction so far has been a relatively modest 7% gain, although it’s possible DaBoyz will milk the news to produce yet more unearned ‘wealth’ when stocks start to trade Sunday night.  So how did AAPL trash a bet-the-farm trading pattern? I don’t know, but the short from the green line that triggered on Friday was performing well until the news hit moments after the bell. If the stock had moved lower, I’d have bet the ranch bottom-fishing the ‘D’ target as well. The lesson here is that we should be very careful about taking positions ahead of the close, especially if one of the biggest-cap companies in the world is about to report earnings. You should take a close look at the pattern posted in the chat room nonetheless, since it is as fine a specimen of ‘gnarly’ as I could imagine — one that should work for you most of the time.