This post troubles me, and even smells a bit.......
What does being below $0.40 do to your chart or any TA landmarks Edgy? The break of $0.40 does nothing. The chart is primed and these pulls are exactly what is needed before the next leg/s up. Talk to me when any real technical barrier is broken.
Currently the 20ema, 50ema and 200ema's are all gonzo, so we have them as support. The 20ema also took out the 50ema. Todays trading means nothing technically so i'm not sure exactly what it is you're trying to achieve and how you are making your SP predictions on our first pull day in a while.
We have not looked this good for over a year and a half, not even close. And this is just from a technical standpoint. From the fundamental side we also haven't looked this good in some time. So many catalysts near term it isn't funny. None of us know what the future holds for the SP for sure, but all I can re-iterate is we look very poised both technically and fundamentally. Things finally appear to be brewing. Not meant to be investment advice, we're all big boys and girls, do your own DD and come to your own conclusion. Good luck all.
djje