The futures poked their snout within a few ticks of a lame target at 1404.00, but they apparently were too winded at that point to go for the gusto at 1409.00.  That’s a Hidden Pivot resistance, and the more we scrutinized it during yesterday’s tutorial session, the more appealing it looked. We’ll continue to keep it well in mind for shorting if and when the futures get there, but for now night owls can attempt to make hay with the downtrend shown. Camouflage is suggested if bottom-fishing, since the correction target coincides with a prior low.  UPDATE:  The 1390.50 target shown in the chart caught the exact low of the day. If you got long at the bottom, please let me know in the chat room so that I can establish a tracking position for your further guidance.  Trading on our customary guidelines, you might have one contract remaining from each original four.   Click here for details concerning the upcoming Hidden Pivot Webinar in September (and a $50 discount coupon if you register now).