We’re using a Hidden Pivot at 8479 as a minimum downside projection. However, if it’s exceeded by more than 15-20 points, that would imply more downside to at least 8162. Since it’s a Friday, here’s a sequence of three pivots you can use if the formerly mind-blowing target at 8162 fails to contain the selling: 7915, 7744, and 7497. You can assume that if any of these hidden supports is breached by more than 15 points, the next is likely to be reached. _______ UPDATE: The so-far low this morning occurred in a place seemingly beyond Hidden Pivot logic. However, because even the Plunge Protection Team is the unwitting lackey of these pivots, we should infer that more weakness, down to at least 7744, impends.