Monday and Tuedays are my roughess days of the week. Starts at 3 am and couple of cap naps and it is Tuesday night and ready for a long one, which I get some times and sometimes not, but the rest of the week is down hill. Teach a class on Monday nights.
Ok, to the markets. With the upsurge an analyst can go to c=a which is 1352. The market often stops short of that so looking at the fractal, this analyst would call it 1335. The pattern to get there is already showing weird so the channel is our guide.

The bigger channel is up guide to destination.

The smaller channel is for turn point. 1280 is bringing in lots of support from trendlines and horizontal supports from all directions. So this analyst is looking for one more low in the channel before turning. If it does not come an -1-2- formation will and time to go with it.

charleydan
www.sillywaves.blogspot.com