TBT was in the throes of such a pretty swan dive Wednesday night that I thought I’d take a stab at a target: 45.52. That’s  a Hidden Pivot target, and its accuracy would be affirmed by signs of hesitation at or very near 46.27, the midpoint pivot. I am not recommending aggressive bottom-fishing because the target coincides with Monday’s sideways consolidation. However, if the target is easily exceeded, that would be telegraphing more strength in the underlying bond futures. _______ UPDATE: My target caught the low of the day within 0.05 points.  Since the rally that followed was quite powerful — TBT surged 1.19 points, or 2.5%,  in the next 90 minutes — anyone trading this one could have had a pretty good day.