The futures finished the week with a plunge to within 2.50 points of the 1287.25 target given here on Friday. I’ll update Sunday night if they turn around, but otherwise I expect the target to be hit; and if exceeded, for yet another, a Hidden Pivot at 1257.25 associated with a larger, unorthodox pattern, to become magnetic. Alternatively, it would take a print today at 1317.75 for bulls to regain their footing on the hourly chart (reproduced alongside to show the significance of this number).
