GS – Goldman Sachs (Last:161.05)

The rally from a 162.11 pivot was fun while it lasted, but the stock has now relapsed and looks bound for a minimum 157.37.  This Hidden Pivot has low value for trading purposes, however, because it roughly coincides with some important lows recorded back in August. A bigger picture projects 153.13, which would be the death knell for Goldman, cracking a series of supports that took most of last summer to construct.