A fall to at least 16.365, the target flagged in an update to yesterday’s tout, looks imminent and unavoidable. You can bottom-fish there, but the stop-loss would need to be below 16.360 to encompass an alternative ‘D’ target a tick below the one at 16.365. If you are keen on shorting the predicted decline, look for camouflage on the 5-minute (or less) chart. The futures were slightly buoyant Wednesday night, so you must trust the first bearish impulse leg that comes your way to get on board with stealth.