GS – Goldman Sachs (Last:142.61)

It’s been a few days since we checked in on our favorite bellwether, but Goldman has looked too punk this week to dragoon the broad averages into light-heartedness. The stock may have a chance to show its mettle today, however, since double support lies not far below in the form of a Hidden Pivot at 139.81 and a moderately important low recorded last Thursday at 139.29.   Alternatively, I still like 151.24 as a minimum upside target for the near term, but if the stock doesn’t get there soon — say, within the next 3-4 days — that would be a quite bearish sign. More immediately, a print below the 139.29 low today would turn the hourly chart bearish.