The pattern shown has worked perfectly so far, signaling a winning short from the red line and a theoretically juicy payoff from ‘mechanically’ bottom-fishing at the green line (x=6000.44). That means it’s equally likely to work for getting short at D=6109.00 with a tight stop. Shining a spotlight on the trade on my front page could slightly queer the pattern’s voodoo magic, so I’d suggest using a reverse-pattern trigger of small degree (i.e., sub-5 minute) to execute the trade. Because the first contact with p=6042.63 on the way up did not impale this Hidden Pivot resistance, there can be no ironclad guarantee the target will be reached, although it seems likely.
ESZ24 – Dec E-Mini S&Ps (Last:6051.50)
