their targets are outlined in the link i posted: ∆ 4775, a Gann...

their targets are outlined in the link i posted:

∆ 4775, a Gann 50% retracement of the losses from the all-time high to the anticipated bottom near 2700.

∆ 4285, a Fibonacci 38.2% retracement of the losses from the all-time high to the anticipated bottom near 2700.


personally, i like the scenario that the market will correct most of the rally from march lows (approx 720/30 on the spx) and then a rally correcting the bear market decline. but, of course, i recognise that the market could quite easily prove me wrong. time for caution for both bulls and bears until the market reveals its true intent.