Friday’s New Moon plunge turned a boring 180-minute chart a smidgen less so; moreover, the MLK-Day rally Monday night was threatening to make the picture interesting, even. The pattern shown in the chart, sloppy ‘A’ and all, yields a Hidden Pivot midpoint support at 1128.50, and that’s where I’d suggest that you try bottom-fishing, stop 1127.90, if the opportunity should arise. This plan will remain viable as long as the point ‘C’ of the pattern, 1137.75, is not breached by some puny spoiler-of-a-rally. ______ UPDATE (10:17 a.m. EST): The overnight correction to 1126.25 took out any midpoint support we might have identified, stopping us out in the process for a trading loss of three ticks (i.e., $37.50). Although this hinted of more weakness to come, the futures have instead whipped around and rallied 15 points, presumably for some news-driven reason. Could prospects of a Brown victory in Massachusetts be driving stocks this early in the day?