Expect the futures to make a short-able top at either of the two Hidden Pivot targets shown. They lie, respectively, at 4584.25 and 4645.25, differing only with respect to their point ‘A’ lows. Pivoteers can attempt to get short at one target or the other, or both, using a reverse pattern with a tight a-b. The higher of these two numbers looks likely to yield better odds. To be sure, it will also trip the alarm of bears who have viewed the nasty short squeeze begun on March 15 as just a bear rally. Even at 4645.25, it might still prove to be that, but we can exploit this possibility only with risk as tightly controlled as the Hidden Pivot Method allows.
ESM22 – June E-Mini S&Ps (Last:4536.50)