Two weeks of tedious, albeit volatile, dithering has produced a mildly bearish pattern that would be nicely resolved with a drop to exactly 1286.50. That’s a buy-able Hidden Pivot (stop 1285.75), and its sibling midpoint at 1311.50 came within a single tick of containing Friday’s fall. Alternatively, a rally target at 1356.00 has been in our crosshairs for so long that its appeal has eroded. In any event, it remains shortable either via camouflage or with a 1358.25 stop-loss.