Friday’s forecast jumped the gun when it called for a 154-point drop before sellers had penetrated a clear midpoint support at 25,900. The reversal from that Hidden Pivot negated the bearish target at 25,761, but it did not generate much of a countertrend. Even so, if we give bulls the slight benefit of the doubt, we might expect the Indoos to hit 26,356 either Monday or Tuesday. This would be predicated on a thrust exceeding 26,116 decisively. That’s the midpoint Hidden Pivot of this unimpressive pattern.
