We briefly held July 57 calls but ditched them for a tiny loss when the Cubes slightly exceeded the downside Hidden Pivot we’d used to time our entry. The move through the support has been slight so far, but the fact that it was exceeded at all hints of still lower prices to come.  Moreover, the decline created the first bearish impulse leg on the daily chart since March. This means we should look to short this vehicle on rallies, so stay tuned for detailed advice if and when an attractive opportunity surfaces.     Incidentally, if you don’t subscribe to Rick’s Picks but would like to know more about the proprietary camouflage trading technique that we use to keep entry risk to a bare minimum, click here for information about the Hidden Pivot Webinar in late June.  You could also take a free week’s trial subscription that will give you access not only to explicit, easy-to-follow trading recommendations each day, but to a 24/7 chat room that draws combat-hardened traders from around the world