I provided only bullish targets in my last update, but the futures will need to achieve the corrective ones first. Most immediately, that would imply more downside to the 158^02 target shown. I expect this Hidden Pivot to provide a tradable bounce, but if not, the next stop on the way down would be 156^28, a target derived by sliding up to the next valid point ‘A’ (shown here as A2). Slide one rung higher still, and you would come up with 155^15. ______ UPDATE (March 5, 11:53 p.m.): A swoon in the early going came within two ticks of the 158^02 target identified above. Is the worst over? The futures appeared to consolidate for the remainder of the day, but unless they can leap a 159^11 ‘external’ peak recorded on Wednesday, and soon, a relapse down to 156^28 is hardly a longshot. ______ UPDATE (March 6, 10:32 a.m.): Based on strong payroll data out this morning that no one actually believes, and which reflects a strong job market that does not in fact exist, T-Bonds have taken their worst single-day hit in years. The mini-crash has put into play a 153^17 target whose coordinates, on the 60-minute chart, are A= 168^11 (2/5); B=158^30 (2/19); and C=163^07. _______ UPDATE (March 10, 9:21 p.m.) The rally looks promising, but it will need to exceed 159^10 to turn the hourly chart bullishly impulsive. _______ UPDATE (March 15, 11:30 p.m.): The futures spent most of Friday head-butting a midpoint resistance at 160^00, but if they can push above it today, look for more upside over the near term to at least 161^12. (60-min, A=158^01 on 3/11)._______ UPDATE (March 18, 3:53 p.m.): What a blast! You can use a 164^18 target now, based on (180-minute chart) A=154^27 on 3/6. _______ UPDATE (March 22, 5:47 p.m.): Friday’s rally left the futures just shy of a 164^18 target that kept us properly bullish last week. My hunch is that the futures will blow bast it today or tomorrow, presumably bound for a 165^22 target based on these coordinates (60-minute): A=161^09 on 3/18; B=164^07 on 3/18; and C=162^24 on 3/19. _______UPDATE (March 25, 12:36 a.m.): Go, you little mother! The precise stall at p=165^18 (see chart, a new one) yesterday implies that the futures will be on their way up to exactly 168^12 when they surpass the pivot.