The stock market has grown so excruciatingly boring lately that one almost needs to avert one’s eyes to get through the day. If you find your self numbed by the lack of activity, try bottom-fishing a midpoint pivot like the one shown. This particular support will change if the point ‘C’ migrates higher, but the usefulness of the pivots themselves will not be diminished merely because the market is virtually trendless. ________ UPDATE (Sep 3, 8:35 p.m. EDT): Zzzzzzzzzzzzzzzzzzzzzzzz. ______ UPDATE (Sep 4, 10:53 p.m.): Smelling more and more like a top, don’t you think?
