1. 1.618 Highly Likely PT
2. Descending Channel bounded
3. Centerline of channel rejected few days back
4. VPVR POC 87.45 which is 30% discount from May'15
5. Lock up expiration concerning.
6. Lower channel extreme about -10% from 1.618 likely, so low 50s PT.
7. Synthetic VIX depicts fear walked back in 8-10-15. Remember Fear/Calm cycle
2. Descending Channel bounded
3. Centerline of channel rejected few days back
4. VPVR POC 87.45 which is 30% discount from May'15
5. Lock up expiration concerning.
6. Lower channel extreme about -10% from 1.618 likely, so low 50s PT.
7. Synthetic VIX depicts fear walked back in 8-10-15. Remember Fear/Calm cycle