...as a side technical note/ideathe Fib extension of 1370.58...

...as a side technical note/idea

the Fib extension of 1370.58 high to 1258.07 low sees an extension of 200% of that move from the 1356.48 high (07/07/11) down to 1101.54 (down/up/down like an a/b/c kinda thing)

...interestingly the XJO made a (cough) Gann measure of 140% of the 15/04/10 5525.1 high to 4175 low x (a year later) 11/04/11 high 4976 to 3765

you can make a case that a very strong market (down)move is completed with the recent lows and those figures above would back up that idea

.....theyre just signposts.....

data extrapolated; Twiggs IC