TLT’s decisive breach of the 97.19 midpoint support earlier this week (see inset) implies it will continue falling to at least 86.48, or perhaps even to 73.69 if that secondary Hidden Pivot support fails. These numbers correspond on the weekly chart to 30-Year interest rates of, respectively, 4.20% (achieved today, presumably slightly out-of-synch with TLT) and 4.65%. That last number, my worst case, is lower than the 4.90% I’d estimated earlier, but it appears to be a good target for a potential top. _______ UPDATE (Oct 24, 4:32 p.m.): I hadn’t noticed this pattern earlier, but it is mildly promising for a temporary bottom at D=91.77. This Hidden Pivot target was effectively fulfilled with today’s 91.85 low, but there was little to encourage in the so-far weak bounce that has followed.  The pattern was confirmed by the precise bounce from p=98.32 which would have made today’s price action worth bottom-fishing.