That was great! just so happens that GCM3 finally made a move to the down side from 1424, pretty much after I posted. It didn't hit 1404 till 8:00 AM hourly bar but the E.W. where giving a hint of more down side to come. GCM3 is now trading near my next future target for 5/18/13 1384. Finding support in this area will target 1409 S/R then down again for 1384 S/R test in few days.
GCM3 now trading at 1392.9
Just and opinion here, the market always has the last word and in due time will show me the way.
g