The top of yesterday’s engineered rally failed to alter the bearish pattern projecting to 1051.00, the target given here yesterday; nor did it change the 1077.00  minimum downside target.  That said, it must be noted that bears were still on the ropes at yesterday’s close, since  virtually all of the day’s price action took place above an overnight low made on thin volume. We can use  the look-to-the-left peak at 1104.25 to signal us when bulls — or rather, short-covering bears — have taken charge.  Otherwise, the downside targets can stand as given.  Bottom-fishing at 1077.00 with a tight stop-loss is still recommended, but the trade will enjoy the best odds if that Hidden Pivot support is hit relative early in the session.