Interesting Take on this . I would move the support line a bit higher tho, in the mid 220s to be honest, at least. Also so far we've retraced every move 61.8% on the upside. Look at this
snapshot
( i know its a bitch to see but look at all the 50% and 61.8% ) that we had. a retracement right now is not needed in my opinion since we already retraced each move that came ahead *natural growth*
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RomanoRnr Lord_Ashdrake
Oops my first arrow is arround 220 but if it retraces deeper, it can go to the sub 200 or below.
Still 220 as first target.

Your chart looks great too

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