PLS chart, page-16538

I'm agreeing with the 464 target. So not much to add. The support channel predicted best case around 486 as the A leg and somewhere between 427 & 464 as the C leg, with the fib predicting 464, and now the A leg subtracted from the B leg predicts 464 as well. BUT that makes a very shallow retrace on a 5th wave and it should be between 385 and 427, so there is that. The 464 trade will need to be taken with a watching brief in case the 3 step down becomes a 5 step down in which case the 385/427 fib targets become a real option.

The channels today say:
If rising 502 - 520
If falling 466 - 499
Major channel boundary (rising) 496 - 558 : A breach of this (which it has) says the upwards rising channel is now voided, and falls are predicted.
US lead: 497 - 510 C:502

As we can see, all channels are broken to the downwards direction at this point, but the major upwards channel is just really scolded, and could yet hold, so not committed to a plummet yet, but I think we can all see the direction anyway.