If the E-Mini chart was human — which, in a way, it is — I’d have to keep holding a mirror under its nose to make sure it was still alive. Nonetheless, I still see a descent to at least 879.50 as both logical and likely, followed by a second wave of selling that hits 869.50. The latter number, a Hidden Pivot, is where I’d suggest bottom-fishing, using a three-tick stop-loss. Alternatively, and so that we don’t get caught unawares by a turn from somewhere above our targets, use 898.25 as a bullish trigger. _______ UPDATE (2:53 p.m.): A rally driven by the Fed-watching obsessions of the moment went against the forecast, but it was easily identifiable as a fraud, since even on the 15-minute chart there were no impulse legs to reckon. The high reached 906.50, but I”d suggest going back to sleep until such time as 925.00 is hit, since that’s what it would take to turn the lowly 15-minute chart bullish.