Nothing can prevent more slippage down to at least D=40.21, the Hidden Pivot target of the pattern shown. That will amount to a 27% decline since this symbol topped near 56 in October. The target is unlikely to be usable for conventional bottom-fishing, unfortunately, since it is coincident with a low recorded back in August that is certain to attract the attention of the herd. The pattern is too obvious as well, but it is also sufficiently compelling for us to assume the bear cycle begun in October will not much exceed it. If you plan to bottom-fish, use a ‘counterintuitive’ trigger with an rABC pattern that comes from the 15-minute chart or lower. The point ‘c’ low can be planted just above the August low (40.26), equal to it, or slightly below it, since a bounce from within the midst of these levels will be unavoidable.