I can also see it bounce off that target but wouldn't be surprised if price eventually declines further to the peak of the tech boom which is approximately a 50 % retracement. If it gets below that this economy is going to Sh+t.
shimasean12
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Same thoughts. If price can't clan't close 100 points above the close on Friday I anticipate the same thing based on my major resistance and the overall channel
aleckane26
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@shimasean12 it made the gap your talking about 3.4% atm. Let’s see if it holds through the trading day
shimasean12
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@aleckane26, Lets see what price does around the 200 this week. It's also the 50% retracement level from the low.