The path of least resistance - SFM6

As stated in Feb 28, Swiss France is forming an important M/T bottom. Last week we have a reversal weekly bar comfirning the shift in market sentiment. We found that the technical set up we had at present is similar to that in 1989 and based on that road map, our best guess is SFM6 will hit 7966 (Momday opened at 7800) in the coming 10 trading days and then pull back to 7765 within another 10 trading days. After this retracement SFM6 will make a clear break on its 55WMA with target at 8700 levels....Fasten the seatbelt and enjoy the ride.