Yesterday’s tout nicely anticipated the futility of the buying spree that began the day. It also left unchanged our warm and fuzzy feelings for 1098.75, a Hidden Pivot midpoint that has served as a minimum downside objective in recent days regardless of whether the spirit of the moment was bullish or bearish. Bottom-fishing at that support should be attempted only with camouflage, meaning entering at the ‘X’ of an abc uptrend on the lesser charts. If the futures breach the support by more than 2-3 points however, you can infer that the sellers have more business to accomplish. ______ UPDATE (12:29 p.m. EDT): The forecast hit a dead-center bullseye, since the futures have bounced twelve points so far today off a low at 1098.75. Camouflage turned out not to have been needed to get long in this instance, but the tactic if used could not have failed to produce a stress-free winner. Bullseye aside, keep in mind that we used the target all along as a minimum downside objective, and it therefore served the larger purpose of keeping us correctly oriented these last few days, even during at the superficially strong rally noted above.