The bull market has been chugging along for more than ten years, so there’s little point in pretending we can know precisely where or when it will end. However, neither should we ignore the fact that the Dow, having traded as high as 27,399, is mere millimeters from a key ‘Hidden Pivot’ resistance at 27,463.  As a practical matter, because this is a logical place for a top of at least middling importance to form, we can lay in a small put position just to have a horse in the race.  Tune to the Rick’s Picks Trading Room for more-detailed guidance in the week ahead. We’ll be looking to buy a small quantity of put options with 3-4 weeks left on them and which sell for 0.80 or less. Use 274.42 for a target in DIA, since it is closely equivalent to the one at 27,463 given above. _______ UPDATE (Jul 24, 7:47 pm.): Nibbling on some puts. Check my 19:42 Wednesday post in the chat room for details. _______ UPDATE (Jul 30, 10:25 p.m.): The DIA 23 Aug 255 puts I suggested buying at prices down to 0.35 have since traded no lower than 0.42.  Please let me know in the chat room how you’ve fared. ______ UPDATE (Jul 31, 9:48 p.m.): Only one subscriber reported doing the trade, so I am not establishing a tracking position. For the record, with stocks falling hard today, he said he exited half of his puts for twice what he’d paid. This means he now owns 50% of the original position at no cost. Today’s plunge should continue down to at least 26,755, but if that midpoint support is busted, a ‘D’ target at 26,504 would be in play (15-min, a=27,220 on July 31 at 1:45 pm.m EDT). _______ UPDATE (Aug 1, 6:34 p.m.): The Indoos plunged anew, falling to within inches of the 26,504 Hidden Pivot. Let’s see if it holds.