I’ve flagged an important Hidden Pivot midpoint at 28.385 that remains viable as a minimum downside objective for now. However, bulls would hint that they’re capable of turning things around sooner on a print today above 32.675, a peak on the 5-minute made last Thursday on the way down. A more decisive, bullish verdict would be rendered with an impulse leg on the hourly chart that exceeds 33.265.
