E-Mini S&Ps Drawn Toward ‘Magnetic’ Lows

I’ve provided some bearish Hidden Pivot targets for the E-Mini S&Ps, but they are suitable mainly for nimble traders and ‘camouflageurs’, since the futures are likely to find more durable support near some ‘magnetic’ structural lows recorded in late August and early September.  Barring an unexpected accord on Capitol Hill, the broad averages seem very likely to continue lower for the foreseeable future.