GS – Goldman Sachs (Last:170.53)

After failing to seize the opportunity last week, Goldman has receded back into doubt, perhaps dooming the broad averages to purgatory in the absence of bank-stock leadership.  The nearest downside target of consequence lies at 167.88.  That’s a Hidden Pivot support, and although it’s too close to a key low at 168.00 recorded on March 9 to be perfectly useful for bottom-fishing, we might nevertheless infer from its breach that the recent weakness in this once world-beating stock is likely to persist.