Google’s dithering at an important rally target (see inset) is indicative of larger uncertainties weighing on Wall Street at the moment. I’m on record with a prediction that the broad averages will rally to at least marginal new highs before they can collapse in earnest. If the same holds true for GOOG, we might expect a false breakout to the Hidden Pivot midpoint shown, p=1192.73; or if any higher, to its ‘D’ sibling, 1204.20. We should pay close attention to these targets — either is shortable if tightly stopped —  especially the latter, since an indisputable bellwether stock can offer greater clarity than the broad averages for purposes of picking a tradable top. _______ UPDATE (February 14, 11:23 a.m.) Google hit a high today of 1204.46 — 26 cents above our target. It has since fallen to a so far low of 1198.08. _______ UPDATE (February 18, 12:03 a.m.): The 1204.20 target is not chopped liver, as I like to say, but we cannot dismiss the possibility that GOOG is fixing to blow past it.  The Whoopee Cushion bounce Friday off the lows implied DaBoyz are surely game to try. If so, expect the rally to continue to at least 1229.57. If you’re intent on shorting that Hidden Pivot, you are obliged to try your hardest to be long on the way to it. _______ UPDATE (February 19, 11:02 p.m.): The rally sputtered out at 1212.87, well shy of my target.  Google’s lesser charts are now bearishly impulsive, and the stock will be telegraphing more weakness if it overshoots ‘d’ targets of corrective patterns. _______ UPDATE (February 24, 1:44 a.m. EST): If, on the other hand, bears are unable to wrestle this beast to the mat — meaning, take it below C=1197.50 (see inset) — we should presume that a new leg to as high as 1214.11, or perhaps even D=1230.71, impends. Pay close attention to any tussles with p=1214.11, since an easy move past it would telegraph further upside to D, creating an enticing trading opportunity in the process. _____ UPDATE (February 28, 3:12 a.m.): The stock has put in a possible top at 1228.89. If it’s eventually going to turn out to be an important one, this correction should slice through Hidden Pivot supports today at 1216.79 and 1209.30. _______ UPDATE (March 17, 2:02 a.m. EDT): Sellers demolished the two supports given above, and now Google’s daily chart is impulsively bearish for the first time since January.  It recovered sharply from that episode, but for now the burden of proof is squarely on bulls.  Will signal if the inveitable retracement rally looks easily shortable.  _______ UPDATE (March 20): With the recent high at 1211.99, GOOG’s hourly chart became bullishly impulsive, projecting most immediately to at least 1216.17. That target will remain viable as long as the point C low at 1194.18 remains intact.