Thanks for sharing your idea! As of my chart, it may not go as far as -0.618, might get to -0.27 or just take out the A wave to take off again. Of course the fundamentals will help to push in either direction.
Thanks for your feedback! As you can see we are talking about a Monthly Chart, so that POSSIBLE move would take place within the next 6-10 years. So, just make sure you make a note not to buy on the LONGEST run, you WILL get trapped in the wrong side.