I think you said wait for 160 to bustand now querying 140 level...

I think you said wait for 160 to bust

and now querying 140 level ?

I Think you are correct about the potential bottom firming now as Macrae alerted last week.You can see the old price support at 160 and also fibs at that level.I have several oscillators in oversold range atm with the v/low vols today this may well be it..naturally 160 is also the stoploss...

anyway your Question ..YES 140 is a legitimate target but not at this stage of the race...wtf 1k at 163...isnt that charming
just my jinx warming up....lol


prevailing pattern is a double bottom with an inverted pennant as confirmation using close below 160 as the acid test....