The December Comex contract has fallen to within $4 of the 1237.40 Hidden Pivot we’ve been using as a minimum downside target. You can bottom-fish there with a stop-loss as tight as five ticks, provided you’ve been short on the way down. Keep in mind that if the stop-loss is tagged, odds would shorten for a continuation of the downtrend to at least 1212.80, the next target in the sequence.