It's the ABCD target for the 666,79 low to the top of a possible ABC leg up to reach 1370,58.
D comes in at the 2074 handle.
is at oversold levels.... but could stay there on a monthly chart for another couple of month. Last time around in 2007 hit the 79.5 area before turning down.
There is a slight divergens emerging on the . It has been at 77.6418 a year ago and has twice attempted to move higher but failed to do so. At present is at 76.0205
Time will tell - as always
Safe trading ladies and gents!
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