Bertie slightly overshot the D target of a corrective pattern on the weekly chart, and so I’ve retained my focus on a somewhat bearish picture, albeit one that is merely corrective. The implied, minimum downside target is p2=49,246, and this vehicle would trigger a ‘mechanical’ short if the current uptrend hits the green line (x=65,609). we’ll know before then how likely this is, since a decisive upside pentration of 61,460 would be bullish. It would also shift our minimun upside target for the near term to 69,161. Both of those Hidden Pivot resistances can be found on the weekly chart, where (reverse) a=56,519 on May 3.