If the 1184.75 Hidden Pivot shown in the chart fails to temporarily arrest the decline, look for more slippage to as low as 1154.25, or perhaps 1146.75, over the near term. Camouflage is essential regardless of whether you’re on the long side or the short, but if you attempt the latter, because the downtrend holds every trader in thrall by now, your best bet will likely be to initiate on subtle breakdown from sideways moves.
