I just realized that I put the wrong month on my cycles post to you, sorry about that. It is suppose to read April 5th not March 5th, doh! (although if you read the body of my message I am sure you figured that out)...
Zeev...wouldn't a 50% fibo from the peak be around 3088 or so? I remember that the 3000 was a major support area for awhile that 2-3 good rallies launched off of before it eventually broke down. If we ever got to there in this environment, I'll throw everything and the kitchen sink short at it. Based on the Friday rally, I'm now a believer the turnips will see new recovery highs in the NASTY. USD also wants to go higher as well.