horsegirl48: Actually, 1550 is not my target, but it is a potential target. I was expecting more of a pullback, although yesterday's move above the in play patterns may alter the actual depth of the retrace.
I do not think the retrace is over! Having said that, I would not allow a next leg rally up to leave me in the dust if wrong. During periods of high market volatility, it does not pay to be too dogmatic about ones expectations...gg