Here is the chart from that post, updated to this moment. The projected downside target was in essence, achieved back in October at the 'Bull Pivot' (Remember that one? It was predictable, due to sentiment at the time) low.
All annotations remain from the original chart, but I have added some additional notes as well. So, are we at the start of the next inflation cycle or is GYX merely rising to kiss its own ass goodbye? This is a valid question I think.