The Dow sliced through a midpoint support at 11012 yesterday with no discernible pause even on the 15-minute chart. This implies further slippage to 10914, the support’s ‘D’ sibling.  Shorts should be considered on a bounce to 11012, but if you decide to jump in, use the lesser charts for locating a minor-rally Hidden Pivot or a downtrending ‘X’.  If trading the futures, you can bottom-fish at 10858, stop 10851. ______ UPDATE:  A gap up to 11039 on the opening bar didn’t give us much opportunity to get in trouble.  Subsequent action was pretty wild, suggesting that traders don’t know quite what to make of Europe’s troubles.  But price movement was up nonetheless — business as usual, perhaps, with an irresistable  tide of OPM driving stocks higher no matter what the news or its implications.