We actually started our pull back on the 15th, which my sq rt post at the time suggested it was a possiblity that we had topped in the short term. However, that was a lucky guess.The reason most people are expecting a reversal is because the signals are there. A lot of Fib ranges have been hit so its only natural to expect a cooling off.
I dont expect to go down to 4100, but I respect Winks ability.
Whilst i dont have a downside target, I do have a fairly important turn date on the 13th Nov.Having said that, there is a minor turn date due this Friday.
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