I was initially surprised at how easily sellers penetrated the 24177 Hidden Pivot support we’d been using as a minimum downside projection. However, a look at the chart reminded me that the point ‘A’ high of the target pattern was not exactly first quality. Fortunately, the new point ‘A’ shown in today’s chart (click on inset) is the only one remaining, and we can therefore assume its corresponding ‘D’ target at 23,765 will be hit. The leg down to it would be strongly impulsive, implying that any subsequent rally, however spectacular, could conceivably set up an opportune short. If you want to bottom-fish the expected reversal from 23765, the equivalent target in DIA lies at exactly 237.69. _______ UPDATE (Oct 30, 8:54 p.m.): Keep the bottom-fishing trade in mind, but note as well that a push above 25308 would make the odds of filling our bid a longshot.______ UPDATE (Oct 31, 5:58 p.m.): This gas-bag exploded on the opening, stranding our niggardly bid. You can try to get long again using this developing ‘counterintuitive’ set-up. The trade is recommended only to those who have recently viewed a Wednesday tutorial session — including today’s, which caught a $400+ ‘CI’ winner in AAPL._______ UPDATE (Nov 1, 10:03 p.m.): The DIA trade set-up worked, but not in a way that would have been easy to leverage. For now, use 25,529 as a minimum upside target. That’s the midpoint resistance of a pattern on the 60-minute chart that projects to as high as 25,956 (a=24,481 on 10/30, b=25,336).