Yesterday’s plunge lengthened and strengthened the bearish impulse leg begun on the daily chart from 343.27 last week.  We’ve been using 249.04 as a minimum downside objective, but I’m going to lower it to 238.51, a more compelling Hidden Pivot.  That number will be in play unless HUI reverses to take out 343.27 to the upside. Alternatively, and assuming yesterday’s low at 289.60 is not surpassed, a two-day close above 327.97 would put bulls solidly back in charge.