Yesterday’s short-lived show of bravado failed to generate a bullish impulse leg on the hourly chart, so we should expect the futures to head still lower on Wednesday.  If so, the first place where we might look for bulls to find traction is at the 1617.75 midpoint pivot shown.  If attempting to bottom-fish there, as well you might, I’d suggest looking for your opportunity on charts of 15-minute degree or less.  Please note, however, that an easy breach of this ‘hidden’ support would be telegraphing more downside over the near term to as low as 1587.00 — a drop equivalent to about 300 points in the Dow. ______ UPDATE (9:29 a.m. EDT):  With stocks opening momentarily, the futures have in fact shredded their way higher overnight, albeit without having generated a bullish impulse leg on the hourly chart. That would occur with an additional push of 3.50 points above the so-far high, 1638.00.  On the 60m chart, camouflageurs should note the location of two external peaks that look well suited to getting long with little risk. They lie, respectively, at 1641.25 (6/11 at 3:00 a.m.) and 1642.25 (6/10 at midnight).