A so-far picture-perfect pattern points lower — to the 455.80 Hidden Pivot target of the pattern shown, at least. Odds of this vehicle averting a full correction to the target are slim, since the downtrend gapped through the 512.34 midpoint support on its first encounter with it. HUI’s fate could be annulled by a strongly impulsive upthrust — i.e., one that surpasses a 551.78 ‘external’ peak — but before that occurs, it would likely be telegraphed by bullish price action — which is to say, bullish impulsiveness — centered on 512.34.
