So pathetic was the buying interest yesterday that the miserable rally it spawned could not achieve its very modest Hidden Pivot target in six hours of trying. That target, to remind you, is 1292.50, and nothing that occurred in yesterday’s banana slug-fest has invalidated it. In keeping with today’s 240-minute-chart lollapalooza, I’ve reproduced one here to show how plausible is the previously given target at 1305.75. That’s my minimum price objective at the moment — a weigh station enroute to a more important Hidden Pivot at 1356.00. More immediately, night owls can try bottom-fishing at 1275.75 if 1289.75 has not been exceeded to the upside first.  That’s the midpoint support of the pattern (60-min) A=1295.50 on January 19; B=1267.50 on January 20; and C= 1289.75, recorded yesterday. _______ UPDATE (11:52 a.m. EST):  Surprise surprise surprise.  After topping overnight at 1191.75, three ticks from our target, it’s been downhill. The so-far low at 1278.50 is useless for our purposes, however, since it is equal to yesterday’s lows.