The note concerning Goldman in today’s ES tout bears repeating, to wit:  This market is going nowhere unless Goldman and its unsavory ilk can lead it higher. The daily chart has been looking too weighty to suggest that any such thing is imminent, but we’ll have a chance to test this theory when the stock pulls back to 171.63, the nearest midpoint support of consequence.  You can bottom-fish there with a stop-loss suited to taste, but if it’s hit look for the weakness to continue down to as low as 161.84. ______ UPDATE (3:05 p.m. EST):  The recommended trade was an easy winner no matter what kind of stop-loss you used, since Goldman bounced $1.09 after bottoming just seven cents below my target.  It has since come back down, with the very bearish implications noted above if the pivot should fail.