Look at last night's bounce on SPX and say the Fib grid is unimportant.
The 155 cycle targetted either last weekend so last Friday or Monday or then the 25th or 26th as the last low was several days late.
Our low WAS Monday and Wednesday was just 3 pts higher, so both time frames worked.
Sadly we didn't get a capitulation sell off and that is realy a negative in the bigger scheme of things.
The chances of this being THE low are minor IMO.
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