@jasontaylor7, The formation since i posted the Projection is invalidated, we are sitting rght now on the 200EMA on the 1hr Chart. Usually Mondays are setting a false move, in that case it was to the upside.
The fact that we tried closing 3 times now above the 800 EMA and that the EMA's come closer and closer together tells us that there is a move incoming, marketmaker's are filling orders. The Recovery Zone is still in play