Shortly before 3 a.m., a tediously mellow consolidation pattern looked capable of propelling the futures, currently trading around 932.25, all the way up to…939.50 (!) The Hidden Pivot midpoint lies at 934.50, a number that can be shorted with a three-tick stop-loss. Partial profit-taking (or implementation of a trailing stop if only a single contract is being traded) is advised if a pullback to 932.25 or lower ensues. The target itself should not be sorted because it is equal to a modest but not wholly insignificant peak made on the way down early in Wednesday’s session. Alternatively, the most promising spot for bottom-fishing would be at 925.25, the midpoint support of the pattern shown in the chart. That pattern is close to being compromised, however, with an upside breach of ‘C’. _______ UPDATE: The futures made a feeble, temporary top at 933.75 before retreating by 4 points. When they finally got past the 934.50 pivot, the rally again fell short of its target, touching 938.75. From there it was all downhill…uphill…downhill — i.e., a perfect day to go fishing.