The bounce precisely from the red line has confirmed the pattern and its bearish target at 2016.75. If it’s achieved, the implied 35-point drop would be equivalent to about 300 Dow points.  The futures have relapsed to the red line so quickly following yesterday afternoon’s rally that the line’s decisive breach seems likely. If it happens, subscribers could attempt to get short ‘mechanically’ at either p or d (but not x this time) on an upward retracement to either of those Hidden Pivots once they’ve been exceeded decisively for three consecutive bars. If you’re not sure how these trades work, stay tuned to the chat room, where there are many subscribers who qualify as experts on the tactic.