Hidden Pivot targets at 1151.25 and 1168.00 that were given here earlier remain valid, but price action has become too messy to say when these numbers will be hit. From a bear’s perspective, about the most we could hope for is that the futures don’t slither to within striking distance of the 1160.50 peak recorded back in May, since that would give this already ten-week-old bear rally a new lease on life. More immediately, an 1124.75 downside target from the hourly chart that I spotlighted during yesterday’s tutorial session remains valid, at least in theory, and you could bottom-fish there with a 1.00-point stop-loss provided the support is not touched more than an hour or so into the session. The pivot was looking great if the futures reached it straightaway yesterday, but the price action since then has grown so convoluted and impacted as to diminish the target’s appeal.