There can be little doubt that the futures are about to fall to the 1208.90 target shown, and soon. It should engender a precisely tradable bounce, but I am recommending this only to subscribers who have made a few bucks on the ride south via a short position. If the target, a middling Hidden Pivot support, gives way, especially easily and the first time it is hit, that would strongly imply more slippage to 1182, where a test awaits of a key low recorded there on January 27. _______ UPDATE (Mar 8, 9:33 a.m. EST): The 1208.90 Hidden Pivot  I’d identified evinced little support as the futures fell to a so-far intraday low at 1206.80. The implications are bearish, as noted above.