Replies to post #17724 on The New CS Board

[dindindon]

08/04/14 Review "Calculate the Pullback target"

1991.39 * 0.96191 = 1915.54 (actual 1916.37 on 08/01)

This method says 1916.37 is a meaningful point but does not imply thus "the Low" we are hunting for. it could be one of the Low(s) down the road.

Other than Fibonacci ratios, the stock market Low follow a natural law occasionally.

italic fonts - Edit for clarity

06/22/14 Calculate the Pullback target

The pullback can be estimated by:

deflator coefficients * wave terminal point

where the deflator coefficients are:
0.79012, 0.8100, 0.89198, 0.92456, 0.96191, (partial list)
(to be elaborated)