The mildly compelling Hidden Pivot target at 1338.10 shown in the chart implies that lower prices are coming, especially since its sibling midpoint support at 1357.30 evinced little discernible support. The target can be bottom-fished with a stop-loss as tight as 1337.40, but if it’s hit expect the key structural support at 1325.50 to turn magnetic. _______ UPDATE (11:42 a.m. ET):  The futures have traded as low as 1332.00 so far today — down more than $36 at that point — stopping out our bottom-fishing foray quickly and, one hopes, relatively painlessly.