A 1317.25 midpoint pivot is equivalent to an important one that I’ve given today for the Dow. If the futures are able to close above it for two consecutive days, it would hint of a strong follow-through to as high as 1382.25, the midpoint’s ‘D’ sibling.  Because the correction from early May’s peak has had so many false starts higher, however, the midpoint cannot be deemed as reliable as one occurring in a straightforward b-c correction.  Although that means we cannot short there confidently with a tight stop, we can and should look for a minor abc downtrend from around 1382 that we could leverage to get short in “camouflage” fashion.