A rally surpassing 18.325 is needed to turn the hourly chart bullish again, but failing that, we should use 17.750 as a bearish benchmark. Yesterday’s downtrend held above that midpoint support, but look for the futures to fall to at least 17.335 (or perhaps even 17.245) if it’s breached. Pivoteers may have noticed that there are several possible peaks we could have used as ‘A’, depending on which time frame is observed. Paying close attention to action at the Hidden Pivot midpoint associated with each is the best way to produce a winner for bottom-fishing at the final ‘D’ low. ______ UPDATE (11:27 a.m. EDT): After a wild end-of-night, the futures reversed sharply to begin the day, exceeding by two cents the 18.210 rally target we might have projected. This is bullish going forward.