So, the scenario didn't play out exactly the way I anticipated. It pretty much just dumped.
On Monday as the S&P was dying an we were getting within sight of 4400 I suddenly realized I had been getting a zone in my reading (above) with the level 4492.75. I honestly didn't use the "hundreds" in my reading, so that freaking number was supposed to be 4THREE92.75!
4392.75 ugh.
What are the odds of coincidence when the low from that dump was 4393.75 and my number was literally one point away?
I've had this happen before where the target is accurate on the "cents", but I miss the whole dollar. I really don't understand this because the dollars move much slower than the cents, so odds of accuracy should be greater than the roughly 5-10:100 of cents if that makes sense.
At this point, the market should go up 4.5% from the low, which takes the ES to 4487. I love this technically as that area of 4478-83 STILL needs to be traded over to hit stops there. I'll post on ES when we reach that level. I do have timing for next Monday or Tuesday for a move down.