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Hi Kool,

Thanks for your charts.

In this case, if I understand this correctly, the 854.25 prediction should be hit unless the market moves back up and blows through 865.50 (the current high). Where I am going with this is can this be in layman's terms a simple short trade starting now (say at 862) with exit target of 854.25 and a stop at 865.50?

Thanks in advance.

NO SEE THE FOLLOWING CHART...MARKET SHOULD GO TO 864.75-865.00 AREA FIRST! but your right that the projection is valid unless 865.50 is touched again

Thanks a ton.

Cheers!

kool chart