In Elliott Wave Theory, wave three in general are longer and cover more distance than wave one. Using my desktop calculator I measured the length of wave I and add it to the end of wave II to find the wave III minimum target. This give us a CNY 487,508. So, the market needs to at the least reach a minimum target of CNY 487,508 for the cycle wave III to complete (see blue dashed line) sometime by late 2017 according to my cycles work.