Voltaire,I liked your chart so much that I felt compelled to add...

Voltaire,

I liked your chart so much that I felt compelled to add my view on proceedings, which is consistent with your uneasiness.

IMO 3450 made some sense as the low in the context of a false breakout of our downtrend channel. But since we bounced back to the EMA and have now broken down from the channel it no longer makes sense to me as the low.

I think the weekly chart you posted several weeks ago also supports a target much lower than 3450.