You know Git, these fib time extensions are really pretty amazing. Bioscript told me about 'em. I'd never used them before but they are amazingly accurate.
Look at each fib time and notice how the price action reverses right in that area.
Also, if we look at this last run down on NJ as a big Wave 3, which it appears to be, the next fib time zone comes up right in the area where the expanding triangle and the 38.2% fib bounce intersect. That's way too coordinated to be a coincidence.
And here's the last interesting piece of the puzzle...this last leg up in the expanding triangle from the low point is reconciling itself as a big ABC correction. We have Wave A up for a 5 count and Wave B just finished up at the 50% retrace, which is standard. So if Wave A and Wave C are the same length, we come up with exactly the same target at the 38.2% retrace.
And another coordinating point...that 38.2% fib is the 3 hour quad tunnel bottom.
Needless to say, I cancelled my NJ short order at 60.05 and changed it to 60.45 for now.
Amazing how this stuff comes together sometimes. :-)
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