Keep going Fadz. I like the way you put targets on numbers to your strategy. An article I came across yesterday from Bruce Fraser, Wycoff Analytics, who uses point and figure on 500 has a target of 4025 to 4175 for this rally , so he is more extreme than you.(is that even possible?) He is a well respected analyst in US. I read lots of reports and videos and there are many views. Even the Fed with all it resources has no clue(inflation is transitory!!). The true measure for us all, is that you are right more than you are wrong and we are all responsible for our P/L. The market is about trends and trends within trends and a case of probabilities for each scenario. The 500 high last night was 3886, so for a call last week of 3900 was more right than those at 3500. 3500 may well be right again in time. To those who are critical just put your case and targets and let the forum decide what they want to absorb for their own positions.
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