The box is shown to give you an idea when to expect the decline to be over and at what price to expect a bottom. It is a general forecast box and not designed to be perfect.
The last rally created a new wave of buying, but it ran square into the overhead supply labeled with blue resistance lines, which is the mid-points of range expansion bars to the downside.
75.49 target: 77.30 last, stop 79.50. The risk = the reward here roughly. Not a great place to initiate a mid-probability trade. Hence, this is an update to the signal that is currently in place.
Tim 10:07AM EST 11/6/2014