172 5 3
Might be a shark here
My calculator comes up with 26.17 for the .886 XA. If you use the ORTH prices, B is 22.48 vs 21.90 and C is 18.23 vs 18.42; X and A don't change. That yields a 2.24 BC of 27.75. Not sure if that makes a difference as I am just learning harmonics (your work inspired me to look into it - thank you).

The thing that bothers me about this projection is that it doesn't seem like the market correction is over and a retrace of this magnitude doesn't fit in that context. Though I don't question that we may go up next week (perhaps near the 20 DMA), this seems like an outsized move.
KLang OldGoat
I'm using the fib tools here, if they are wrong, there's not much I can do about it. I agree, the correction is probably NOT over, and few harmonic patterns move in a straight like, and some just don't make their target. But look at Vale - it's bee going up since we've started correcting. Some stocks do and it's something to keep in mind.
Sorry had the wrong chart I meant CLF
KLang cld92000
Not a bad idea...
Would you wait until it pierces the 20 MA?
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