Since this vehicle appears to have some fans in the chat room, here’s my current take: The midpoint Hidden Pivot support at 1203.90 is barely holding, so we can expect more slippage to at least p2=1189.55 overnight and Thursday. If that hidden support fails as well, look for a short-term finishing stroke down to 1175.20. This target differs slightly from the one I provided in the chat room, since it uses a too-perfect-to-ignore, one-off point ‘A’ as the pattern’s starting point. This interpretation is supported by the precise probing on Wednesday of the midpoint pivot. For those who are comfortable with the tactic, both p and p2 can be used to set up ‘mechanical’ shorts to the target.
