ESZ24 – Dec E-Mini S&Ps (Last:5907.50)

The futures looked like a good bet at the bell on Friday to hit the 5957.00 target shortly after trading resumes this week.  The pattern shown has generated two winning bull trades so far, both at the green line, leaving one more prospective opportunity for the hat trick: a short from the 5957.00 target. It looks too obvious to work precisely, and even if it does, the Hidden Pivot resistance will not likely slow the Trump Express for long. Buyers took on a more significant ‘hidden’ resistance at 5868.50 last week and not only impaled it, they closed the December contract above it, all but guaranteeing more of the same.

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