We activated a sequence in 2010, which has the target level at about 0.91. On a daily and H4 basis, corrections may now occur for the time being, but I am targeting this target level for the long term.
We have a bearish sequence in the Nasdaq which takes us to around 8930. The 50 retracement of the complete upward movement of the Nasdaq also starts right here. We have seen a correction in the H4 now, this is in target level and can continue to go short soon.