NASDAQ:WOOD   ISHARES TRUST GLOBAL TIMBER & FORESTRY ETF
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Looking for a reversal from this point in time, the final leg is in the extension range of 1.5-1.618 which I prefer on my harmonic patterns , also you will notice that a symmetrical channel, if the channel was not symmetrical I would expect price to go higher but this is not the case. Stop will be placed at the 1.618 level. Target which is very optimistic will be the red trendline .
Comment: **Update** This is a Ending diagonal or 3 Drive formation not a 5-0
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