XJO - I did not think that the rally back would be this strong. but it is what it is and the market is always right. I was reading my Elliot wave theory book again and it said that this rebound can retrace up to 90% of the wave down. if this is so then the upper target is 6276. timing wise the next window is the week of 18 Feb.
some notes on the chart. possible head and shoulders pattern developing but a reversal must take place for that to happen.
