No it's in my sell/caution zone sck, it would need to...

No it's in my sell/caution zone sck, it would need to consolidate the current high before I would be interested.

How it played from it's lows, 16th fib cycle started sep 2011, from this time period it's in a new trend period. FSS break into 50s in October was very bullish but occured way to fast so the sell off came as no surprise, it's now well and truly on the radar though.

Forward from that cycle high on the 28/10 to the 7/3/12, a FSS entry from that new cycle would be from the CA high at 4926. The second tradable cycle is the 11th (which is typically the best) which commenced 144 bars from the 28/10. It's due to complete shortly. A strategy of identifying 144 bar cycles and buying the lows is a highly rewarding strategy.

Cheers