DJIA Dow Industrial Average (8578)

Hidden Pivots aside, lows made six years ago in the range 7200-7400 represent serious support, since a penetration of the lower number would erase the gains of one of the greatest bull runs in U.S. stock-market history. Most immediately, the Indoos face jeopardy down to at least 8294, a midpoint Hidden Pivot support that you can replicate on the daily chart with these coordinates: A=10883 (10/01), B=7883 (10/10) and C=9794. Plug these numbers into you calculator and you’ll see that, if the support is decisively breached, it would portend more downside to as low as 6794 — or perhaps even to 6194 if a higher point ‘A’ comes into play.