If it breaks 523.60 - we'll see T1 hit quite happily - I'm seeing a signs of market crash here as target are looming large to the short side. Once broken through my levels they tend to hit at least 50% (Target 1) based on my method. The first break below the T1 line tells me Money is on the side of the bears and they are just clearing out the remnants of the Bulls :-) !!