The Bonds’ last two leaps have come within two ticks of their respective Hidden Pivot targets, so you might say this vehicle has been dancing to our tune. Since upside potential over the near term is to as high as 140^20, let’s attempt a modest speculation, bottom-fishing just below the 133^27 midpoint support of the pattern shown. It’s too bad the midpoint exactly coincides with the too-obvious “structural” support of Sunday night’s low, since, if the midpoint were hanging in the middle of nowhere (so to speak), just below the support, the pattern would be a real beauty. We’ll bid 133^26, stop, 133^23, risking about $100 theoretical. If the stop is hit, infer more downside is imminent to as low as 133^12, the midpoint support’s ‘d’ sibling. ______ UPDATE (11:07 a.m. EDT): The stop-loss proved too tight when the futures bottomed at 133^22. However, this overshoot of the midpoint support was not sufficient for us to infer that the weakness will continue down to at least 133^12. Moreover, if the futures now print 134^12 without that happening, creating a bullish impulse leg on the hourly chart, it would signal that bulls are off-to-the-races, hell-bent on 140^20.