On the hourly chart, Goldman needs to hit 180.06 to decisively end the so-far 15 percent slide from a 17-month peak at 193.  A minor reversal would  require a mere 173.45, however, and that’s where longer-term shorts should ratchet up their attention.  Any microscopic pullback from just above that number would offer great camouflage for a long entry, provided the rally has not come  from too far below.  The opportunity is perhaps best appreciated on the 5-minute chart  (see inset).