Just to be clear...this chart is a weekly chart so we base the moves off the close of the week. Our last target was the week of the 7th, since we were trending down into that target we normally would expect a rise thereafter into the next target located on the 28th, we also have a directional change for this week of the 14th. which we would expect to go in the opposite direction...but it is looking like it is a directional change that moves with a strong move in the same direction. If it continues in the same direction then we can expect price to trend down into the next target of the 28th. The green trading cycle shown on the 28th is suggesting that a high is likely to occur, and that may take price down into the panic cycle on the on the 11th, that would may take price up into the next turn date target of Oct 2nd...but once the 28th target is past there may be a target ahead of the Oct. 2nd date that may be the next target for a turn on Sept. 18th. we'll just have to wait for the target on the 28th to pass for the next target. 

3.93 is a Major bearish reversal number...bearish reversals are generated off of isolated highs and bullish are generated off of lows. Major reversals are generated off of major highs and lows...intermediate highs and lows generate minor reversals...each high or low will generate 4 reversals off that high or low. The market now is trying to elect a minor bearish reversal at 485 on a weekly basis as well as on the daily chart. The weekly trumps the daily...so we wait to see if the 485 gets elected (closes below the bearish reversal) after this week closes to see if we move down to the next bearish reversal...once a reversal is elected it is no longer used.