The pattern shown in the chart points lower, to a Hidden Pivot support at 477.66, and this number must be presumed in play because its sibling midpoint at 493.42 was decisively exceeded yesterday by three points.  A print at the target would imply the creation of a fresh bearish impulse leg on the intraday charts, but HUI would need to go just a little bit lower to amplify the effect with a print beneath September’s 476.40 low.  Alternatively, bulls would need a print within the next few days at 523.35 to turn things around.