The predicted low at 1378.70 appears to have done its job, nailing the so-far bottom of a $30 decline within 20 cents while keeping us properly bearish almost the whole way down.  Keep in mind that if this midpoint Hiddden Pivot support fails, the futures would face the prospect of more weakness over the near term to as low as 1348.50.  They won’t be out of the woods tonight, though, until such time as 1389.00 has been exceeded to the upside.  If you got long at the bottom on your own initiative, partial profit-taking and a break-even stop would have been s.o.p., since the futures have bounced nearly $5 from the low.