Sellers did some damage to the hourly chart Wednesday, opening a path to the 19.075 downside target shown, or perhaps to 18.930 if any lower. There will be a last-ditch opportunity for this vehicle to turn higher from 19.875, the Hidden Pivot target of a lesser pattern. Please be aware, however, that a rally first to its midpoint sibling, 19.875, can be shorted cautiously. _______ UPDATE (March 30, 6:48 p.m. EDT): The futures have bounced from 50 cents above the 19.075 target, but it remains to be seen whether bulls have the guts for a decent follow-through. If so, they should have little trouble pushing this vehicle to at least 19.945, the target of a small pattern that comes from the hourly chart (where A=19.595).
