bd, thanks.I've been around for a few years but that's a new one...

bd, thanks.
I've been around for a few years but that's a new one for me. I always thought "ton" was slang for a hundred. The learning process never ends :))
So, is Cyclic now expecting the SPI to fall 200+ points to around 4200 (which would be a ~38% retracement from his 4-Oct low), or maybe even a 50% retracement to 4130 ... and then continue up???
Cyclic, can you confirm please?
If Friday's high holds, it could be a wave4 and I'd be expecting it to fall much lower than that to about 3600, although the Elliott picture is starting to look a bit weak now and I'm starting to lose faith in it.