***USPIX closed right on the 61.8% fib retracement level today,
From the 15.69 low to 20.86 high... the 61.8% is 17.66, today's close on USPIX was 17.65!... I've got a speculative target on the next intermediate-term wave to $26.90... that's a 52.4% gain, should that be legitimate, it would mean the Q's would decline 26%, that's quite a drop to 27.87 or the Nasdaq Composite at 1514! Now these are given the 2:1 inverse relationship, for every 1% lost, the USPIX gains 2%...
It may sound crazy or impossible, but I believe the markets are at a point where a crisis is possible at a risk-level that may be seen only 3 or 4 times a decade...
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