TP1 = 70.855 hit as the 1D Rectangle broke (Highs/Lows = -9.6650) and the chart emerged as a Channel Down (MACD = -3.503, B/BP = -17.8560) aggressively seeking (RSI = 29.503) the November 02, 2017 bottom. Needless to say, 4H is oversold (RSI = 21.914) so a consolidation that will rebalance those indicators cannot be overlooked. When this is over though and if the 70.855 level is tested successfully as a Resistance this time, we expect a new bottom. TP2 still = 49.508 (November 02, 2017 bottom).