|This is how I have been drawing the fork|
Breakout toward target?
If today finishes with a long white candle the candlesticks will confirm a buy signal else the indication will be to hold the short sale from almost 2 weeks ago when the market was at 1453.
I am feeling less inclined to keep the 1490-1520 target, but I still see it as possible. Today may give more clues. I have felt that the market would show a stronger blow off at the top with a swifter reversal, so I am not letting go of the higher target just yet.
This chart from Jerome Hickerson.