Mongo
I have a slightly different number and probably because of the 2 different numbers available fo the March low.
My XJO/XAO/SPI are 4547/4536/4551.
Obviously it looks like all 3 could not be hit at the same time as we are closer to the XAO than the other two.
I think I mentioned that if going through, often it backs off after hitting each one then breaking through to the next till are broken, often on different days.
One way to get SPI to reach a target that seems beyond the cash indices is to have the SPI jump at the open and the cash indices failing to repeat the same jump when they open.
I have seen that more than once.
I guess we can't rule out the possibility that this a low even though it hasn't pulled back. A low is where the market often surges up after a pause or even just a slow down and doesn't have to be a valley. Low odds IMO.
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