Targets Hit on Emini S&P 500

At 7:27 am today we posted a chart with a target box anticipating a move down into the 1399.88 to 1401.75 area, followed by a projected wave 3 target of 1415.72. The market did exactly that -- moving down to 1400.75, where we bottomed, and then reaching 1415 right on the money! Here is the first chart followed by the closing chart.