Pulse of an Asset via Fibonacci: DOW Jones at ATH Impulse Redux

Updated
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.

Plotted here is the wave down from DOW's All Time High.
The Impulse started and defined the pullback from ATH.
We have now returned to the Impulse Core at End of Week.

Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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Ordered Chaos

every Wave is born from Impulse,
like a Pebble into Water.

every Pebble bears its own Ripples,
gilded of Ratio Golden.

every Ripple behaves as its forerunner,
setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Note
Battle for the Impulse Core

As expected, a rejection and now a breach of the core snapshot

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Zoom in (15 min) Note the Blue arrows snapshot first a rejection at lower boundary of the Core.
Now we are at the upper boundary.
Was pierced recently, might go higher.


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Note
"Textbook" Retest

So we passed the Impulse zone all together, but just now came back to re-test the Core snapshot

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Zoom IN (15 min) for a closer look at the pa around the Impulse Zone snapshot We might be set to go up again.

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Fibonacci

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag