At the close, the futures bounced from a low that lay two ticks above a minor Hidden Pivot support at 1082.00. Anything beneath that would portend 1079.00, which can be bottom-fished with a 1079.25 bid and a 1.00-point stop-loss. The trade will remain valid as long as 1091.00, the point ‘C’ of the pattern, has not been exceeded to the upside. Looking at a somewhat bigger picture, the hourly chart would become worrisome (or perhaps encouraging if you are of the bearish persuasion) if the futures dip below 1074.00.
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