During yesterday’s real-time tutorial session, I pledged, perhaps rashly, to hack off my right arm if the futures failed to achieve a Hidden Pivot target at 1186.00  (and after that, 1192.50).  So, should I now be nervous just because DaSleazeballs have opened the sluice gates, causing the futures to fall Wednesday night from their intraday high of 1180.00?  Probably, yes. But long experience tells me buyers will come through for me unless there is some sort of news — “Trumpets Heard from On High” — to cause shorts to relax for an hour or two when stocks open Thursday morning.  In any event, night owls can try bottom-fishing at 1172.25, stop 1171.50. The bid is a tick above a ‘d’ target than can be found on the 15-minute chart, where a=1179.00 at 3:30 p.m. Eastern. _______ UPDATE (9:30 p.m. EDT): We missed a beauty by a single tick when the futures popped from 1172.50.  Since we don’t ‘do’ sloppy seconds, you should cancel the trade.  ______ FURTHER UPDATE (10:33 a.m. EDT):  The futures are having a very Hidden Pivot day, having bottoming overnight at 1172.00 and then rallying this morning to a so-far high at 1186.25.  We missed the trade, but at least I’ve still got my right arm. Bulls evidently liked the news concerning weak retail sales, since, won’t that mean more (yippeeeee!) “stimulus”?