A lot is going on in here and a lot needs to be taken out to reach this bearish scenario to take place, but YES! it is possible and I am going in for this with stop at 1645/50. This needs at least 2 weeks bearish trend to play out for the price to reach 1460 Area or maybe just maybe if the markets get stretched than 2nd Quarter will be my target. The graph is self explanatory so i wont go into detail but Fingers Crossed. based on last 3 months action this does look attainable.
