For a second straight day, the futures pounded on a Hidden Pivot rally target at 1182.25 without getting past it. Since the target was eight days in the making, a three-day consolidation would be about right. Accordingly, we should look for perhaps one more day in the woods before buyers emerge victorious yet again. Night owls can try bottom-fishing at 1168.25, a midpoint support shown in the accompanying chart. A three-tick stop-loss is about as much as I would risk, but if it’s triggered, the futures would be signaling more downside over the near term to as low as 1160.00.