whi551
First target would be modest - just a retreat to where we started today - on the 23.6% line at 5580. After that the recent low of 5187 and if it really tanks you'd have to look for the 50.0% retracement from the bull market highs which would be 4772.
Then again - I could be totally blown out of the water over the weekend if the 'septics' have a strong Friday and Monday!!
Who knows? I don't. Can't predict the future: just try to work out what is probable and try to make money backing that outcome.
Regards
- HBG
Trade the market you see - not the market you hope for!
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