Three days of futile head-butting have left the futures bruised, winded and ready to fall. My minimum downside objective for the very near term is 2160.25, a Hidden Pivot support associated with the pattern shown (see inset). If it gives way easily, that would set up a likely test of last week’s low at 2141.50. Amidst the excruciating boredom the week has produced thus far, we should be prepared for a very un-boring Friday if the selling gains momentum into Thursday’s close.
