We’ll continue to use 887.50 as the threshold at which jeopardy to as low as 766.50 would threaten. Yesterday’s decline penetrated the support by five points, but that is a permissible margin on the weekly chart whence the number came. To repeat: It would take a two-day close beneath 887.50 before we’d become seriously concerned. More immediately, the futures looked eager Tuesday night to probe a minor midpoint resistance at 903.25. Any higher would hint of upside potential over the near term to as high as 920.00. _______ UPDATE: With the futures currently at 861.00 off an 850.50 interim low, here’s a sequence of HP supports you can use for tightly stopped bottom-fishing or to gauge the strength of the downtrend: 859.75, 851.00, and 837.25.