sierra,last Fridays hammer reversal candle right on the lower trendline, according to incrediblecharts anyway and the subsequent few days follow up, suggest that to me anyway. I had a 1.618 extension which also fell short by about 30 pts,so I was questioning the accuracy also. I think rembrandt also has a lower target but it seems to me the big boys arent very good on accuracy and are intent on creating that doubt in our minds. Hopefully we may get a test of the lows to confirm it or at least evidence of a higher low in the next few days
yes the SPX is a worry, but I have given up trying to work out what we should be looking at to see if we have reached the bottom. XAO is doing the job nicely....lol
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