Although predicting whether stocks will rise or fall on a given day has been no better than a coin-toss bet lately, sellers seems very likely to prevail in the months and years ahead, given the high likelihood that stocks have entered a bear market.  More immediately, the pattern shown (see inset) is so marginally bullish that the contrarian in me wants to give bulls the benefit of the doubt for Wednesday. A theoretical buy signal was tripped at 1870.71, implying traders could buy there, stop 1856.00, and shoot for 1914.50. Instead, however, and less risky, would be to employ a ‘mechanical’ bid at p=1885.40, playing for a pullback once this Hidden Pivot has been exceeded by perhaps 5 points.  The stop-loss thereof would be at 1875.50. ______ UPDATE (8:47 p.m.): This evening’s rally has reversed sharply, presumably for reasons having to do with Wall Street’s current obsession with China. Use p2=1848.81 as a minimum downside target, with D=1829.25 possible if p2 gives way. ______UPDATE (9:24 a.m.): My 1829.25 target caught the exact low, to-the-tick, of a 40-point plunge overnight.  A short initiated at the time of the post would have been worth as much as $2000 per contract; and a long from the low an additional $1400 per contract, since the bounce has gone as high so far as 1847.25. (9:40 a.m.: …and now to 1852.50, worth as much as $1600 per contract on the long side.) _______UPDATE (10:50 a.m.) Events are unfolding at such a pace this morning that I can barely keep up with updates for a half-dozen vehicles that, for the most part, are moving precisely-to-target.  Now that ES has crashed the 1829.25 Hidden Pivot, my longstanding, major target at 1817.00 is obviously in play. I expect a tradable bounce from that number, but if the bounce dies in a week or less, look out below!_______ UPDATE (11:56 a.m. EST): To anyone who got long at the bottom in ES: You’re on your own now. You should have taken a partial profit by now, but if you bought a single contract, an “impulsive” stop-loss is suggested. I’ll be managing the now single-contract tracking position with an impulsive stop-loss, but for now, with a fixed stop-loss at break-even: 1816.00. If it’s hit, I will look to re-enter using camouflage — on the 15-second bars or less — at the first opportunity. ______ UPDATE (3:49 p.m.): On the very lesser charts, the first opportunity to get long using ‘camouflage’ came at 12:54 p.m. via a trigger at 1809.75.  Since no subscriber appears to have taken the trade, I have not established a tracking position.  The rebound has been a monster, but don’t be fooled, since today’s plunge did enormous technical damage to the long-term chart.