If 1=5 we could essentially get 1300.00 on the SPX.
However, if we get a .619 of the 67 handle Wave 1 drop, that would get us down to 1325.19 ( 41.40 - today's highs at 1366.59 ) and as we all know, 1326 SPX is the .618 retracement of the ENTIRE RALLY off of the March lows.