Tuesday’s dipsy-doodle price action took a precise bounce off a midpoint Hidden Pivot support at 2562.50 that validated the corrective pattern shown along with its 2554.75 target. You can bottom-fish there Wednesday with a 2550.25 bid, stop 2548.75, provided point ‘C’ at 2570.25 has not been breached to the upside first. Were that to occur it would put in play a larger, bullish pattern with a midpoint resistance at 2557.50 and a D target at 2593.60 (30-minute, A=2545.25 on 10/19).
