The inverted H&S pattern target is about 1248. 8 points shy. Within wave (C), Minor 5 would equal .618 of 1 at 1246.
NYAD is still lagging and has not made a new high. In the past on P this usually led prices (by far). Now its not so much. I see 5 waves up...is it truncated? Or will we get the ramrod bull move all day Monday?