aam - chart, page-96

Johno settle down, it was easy to have thought straight to .5 the way it was going, in fact once it smashed through .38 which is where I saw resistance I too initially thought here we go.

It was only the next day when a stall happened, i thought ah ha, just a slight over shoot.

I think your target of .5 is not too far into the future, a little settle back would be expected at this point prior to the next run though.

Whether T/A used or fundamentals we can all get it wrong, it is all speculative however as you say in T/A we try to use the balance of probability.