Corrective weakness met support yesterday at the 508.33 Hidden Pivot shown, but if it fails, look for more downside over the near term to at least 502.91. Speculative buying would be in order there, stopped as tightly as 502.79. Looking at a bigger picture, the bull trend appears healthy and robust, since ‘external’ peaks are getting surpassed with each new thrust. A crucial test awaits, however, a little more than 10% above, near peaks around 555 recorded in February. You can learn to “camouflage trade” yourself. Click here for a free trial to Rick’s Picks.
