Sellers on Tuesday daintily probed the 977.11 ‘midpoint’ Hidden Pivot support shown in the chart, validating the bearish pattern as well as its 938.17 target. We’ll wait for the support to give way, assuming it does, before we infer that the weakness is likely to continue down to at least 938.17.  Were this to occur, it would assuredly be simultaneous with continuing weakness in the broad averages, most particularly the Nasdaq. Alternatively, if buyers recover their recent bravado, this erstwhile world-beater in rally mode would still face jeopardy in the form of a daunting Hidden Pivot resistance at 1024.83 (60-minute, A=930.30 on 5/5). I have higher targets outstanding, including one at 1083 that should be familiar to you, but for now we’ll take our projections one minor trend leg at a time, since we want to get this one exactly right if the downturn is about to turn ugly.