Second Target Achieved and Extended Projections

We finally hit our second inflection point and bounced dramatically off the 38.2% retrace. This completes a corrective structure down from the all time high and some caution is warranted on short entries going forward. If it is to be a more extensive decline, a bounce to the 2112 area would be a reasonable target. We're still working on the projections and key timing for tomorrow's session and will post again as soon as it is finished. Below is the link to the extended projection article.

If you have any questions regarding our analysis or any of our analysis systems, feel free to contact me any time at john@mcm-ct.com

mcm-ct.com/blog/a-lo...-the-bigger-picture/