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[Islander]

The R2k and the SP600 were down on significant volume allowing the estimation of where the the indices are headed. SPY target is 142.95 and ultimately 130.96 possible. But it will take time and more volume. Qs target is 60.04 ultimately 58 possible. Gold should move toward 1765, then 1720. But 1575 seems possible if the move gains momentum. These estimates are based on prices returning to swing points where there was volume. There can be entrancement on the way down. IWM seems open to 63.75 since it showed major volume today. These are based on price and volume analysis and long range. And be aware I am short most of the indices. Most important remember I am often wrong. I use stops and I manage my money better than my kids. Best, Islander.