It’s early Sunday night, and DaBoyz have hammered this vehicle down the equivalent of 100 Dow points. This isn’t bearish per se; rather, it is a tightly controlled test to see how far stocks will need to fall before sellers have been exhausted. My hunch is that the futures may have to drop a further eight points or so, to at least 2064.00, before the usual suspects can buy stocks without fear of more weakness before they can unload. Bears shouldn’t get their hopes too high in any case, since there are two ‘structural’ supports that would get in the way of an unmitigated selloff: last week’s low at 2061.25, and the key May low at 2050.00. If it gets that bad, I’ll recommend bottom-fishing at 2054.75 nevertheless (presumably reversing a profitable short-position). That’s a clear and well-located Hidden Pivot that’s worth a 1.00-point stop-loss.