Yesterday’s nuttiness left a mildly bearish hangover, since it took out a midpoint support at 75.02 before calling it a day. The ‘D’ target sibling of this number is 74.64, a Hidden Pivot that can serve for now as a minimum downside objective. But bulls will have a chance to turn things around from 74.750, the midpoint support of a lesser pattern. More bullish still — quite bullish, in fact — would be an intraday pop today above 75.435.
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