A Hidden Pivot at 9595 is equivalent to the 1022.75 downside target given for the E-Mini S&Ps. If you want to use the Mini-Do futures to go bottom-fishing, I suggest looking for a tradable abc reversal on the lesser charts around 9610. The actual Hidden Pivot lies at 9599, my minimum projection for the near term.
Dow Industrial Average
DJIA – Dow Industrial Average (Last:10520)
– Posted in: Current Touts Free Rick's PicksWe'll need to see how things unfold over the next few days to determine whether there's another shoe to drop. In the meantime, take a mental snapshot of the hypothetical price action I've sketched on the hourly chart, since it imagines a couple of Hidden Pivot midpoints that might form roughly as shown. There are no high-confidence targets for today, just a 10633 midpoint resistance from the one-minute chart that lies slightly above yesterday's recovery high.
