Thats the target, Still I see no real reason as to why the down trend should stop. Yes over sold on the monthly, yes to all these others reason... But... if it goes down the rich make more. Once the 'down trend' rules break I will jump ship :)
What does Vix snapback measure? I will be shorting still :-) I will post when my profit stops have been hit and what I would call "Break of Rules" I will post it in here and then we will compare the DAX30 when it happens. See this here. http://puu.sh/k5egT/e96e8161c3.png that is my Cheat Sheet. Now you see how we are at clear support, BUT there is a big black empty space under, this support would be too easy, too obvious. Might not make a new low but 1.09 should be hit.