mundy - first of all anything is possible.  Fibs are to be viewed as markers (like guideposts on a freeway).  Respect the trend until evidence changes. 

    Best way to think of stocks/indices is like that of an auction - prices are set each day (demand and supply) and will inherently change as new information/drivers come to light.   Ever watch the Antiques Roadshow?   Some items from 10 years ago are now higher and some lower - same thing with the stock market.   Dynamic and heavily impacted by LIQUIDITY.   I posted about liquidity before my trip departure as a reference.  

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