JD
My indications suggest similar.
Dynamics on SPI 3261-3377, so based on SYCO close leaves about 30 points below and 90 pts above.
I mentioned yesterday if we make new lows my measurement is SPI 2657.
Dilernia seems to have a yearly low target of 2606 which is not too far different.
Tregs
Haven't done that SPI discount chart sorry, but isn't telling me a lot. Discounts are a bit smaller so probably more like a normal bear trend.
GSE1963 asked me once to look but at periods of Jan SPI discounts and my conclusion was that they usually continued towards late Feb and often into part of March.
Perhaps that adds some more weight to the mid March low scenario.
JD My indications suggest similar.Dynamics on SPI 3261-3377, so...
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