I have been short at 1995 the 61% of the correction and market come true, the targets for the shorts were around the 1835 mark. I have exited my shorts and looking for buy at current levels with stops below the rising trend line. We could go back to the 1950 handle and bears will come back hard. If markets has to break 1835 we could go as low as 1679. Will market pierce those levels the third time is to be seen, and it is not impossible. The 1679 is also the 38% of the entire rally and i would say that the 2065 was a major top and i would not be surprised to see prices at 1447 in the longer term.