Aksier
Good observation!
40 point discount is looking like some sort of capitulation.
So is it a one dayer or more.
I have 3 day dynamics saying tonight/tomorrow is SPI 4184 which is what my Fibs were saying.
Both include SYCOM session.
My best guess is a sharp sell off tonight to achieve that target or near about and a big reversal but may just be a one day wonder. Maybe it goes the other way and we get the bounce and then the decline but the former makes more sense.
I do have to add that I have some other measures showing an extreme at both lows and highs in recent times, but it is always dangerous to just consult recent parameters and consider them the extreme.
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