harmonic elliott wave relationships.xls

78
IMPULSIVE WAVES 1 Primary 53.36% 167.58% 38.21% 61.79% Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) 110.65 90.88 101.43 68.30 80.96 54.79 84.82 Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% Retracements 92.66 93.77 95.55 97.46 98.43 99.06 100.77 Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% Projections 69.44 68.47 66.56 64.78 63.83 63.00 57.22 Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% Projections 82.29 80.80 79.30 78.37 77.44 76.84 75.94 Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% Retracements 71.29 73.14 76.12 79.33 80.96 82.02 84.87 Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% Projections 59.79 56.14 54.79 52.71 48.60 44.79 42.85 Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% Projections 87.16 87.46 87.75 87.94 88.13 88.24 88.42 ABC WAVES Trend end 83.49 Wave A 83.92 9.02% 14.60% 23.60% 33.30% 38.20% -339.53% Wave B 85.38 83.88 83.86 83.82 83.78 83.76 76.40% 85.40% 94.40% 100.00% 105.60% -295.35% Wave C 84.11 85.71 85.75 85.79 85.81 85.83 5.60% 14.60% 23.60% 33.30% 38.20% -239.53% Wave efb 84.52 83.47 83.43 83.39 83.35 83.33 IMPULSIVE WAVES 2 Secondary 1 80.06% 295.42% 23.60% -45.43% Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) 94.98 88.21 93.63 73.63 78.35 88.05 79.70 Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% Retracements 88.82 89.20 89.81 90.46 90.80 91.01 91.60 Wave (iii) 138.20% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% Projections 84.27 82.34 81.69 81.08 80.75 80.47 78.49 Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% Projections 76.03 74.77 73.52 72.74 71.96 71.46 70.71 Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% Retracements 75.43 76.55 78.35 80.29 81.27 81.91 83.63 Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% Projections 67.68 65.84 65.16 64.11 62.04 60.12 59.14

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IMPULSIVE WAVES 1 Wave (iii)

Primary 53.36% 167.58% 38.21% 61.79% 61.17%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

110.65 90.88 101.43 68.30 80.96 54.79 84.82 94.98

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 92.66 93.77 95.55 97.46 98.43 99.06 100.77 102.47

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 69.44 68.47 66.56 64.78 63.83 63.00 57.22 49.67

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 82.29 80.80 79.30 78.37 77.44 76.84 75.94 74.45

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 71.29 73.14 76.12 79.33 80.96 82.02 84.87 87.71

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 59.78 56.14 54.79 52.71 48.60 44.79 42.84 40.98

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 87.16 87.46 87.75 87.94 88.13 88.24 88.42 88.72

ABC WAVES Trend end 83.49

Wave A 83.92 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-339.53% Wave B 85.38 83.88 83.86 83.82 83.78 83.76 83.74

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

-295.35% Wave C 84.11 85.71 85.75 85.79 85.81 85.83 85.85

5.60% 14.60% 23.60% 33.30% 38.20% 41.40%

-239.53% Wave efb 84.52 83.47 83.43 83.39 83.35 83.33 83.31

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 80.06% 295.42% 23.60% -45.43% 50.04%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

94.98 88.21 93.63 73.63 78.35 88.05 79.70 86.67

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 88.82 89.20 89.81 90.46 90.80 91.01 91.60 92.18

Wave (iii) 138.20% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 84.27 82.34 81.69 81.08 80.75 80.47 78.49 75.91

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 76.03 74.77 73.52 72.74 71.96 71.46 70.71 69.45

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 75.43 76.55 78.35 80.29 81.27 81.91 83.63 85.35

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 67.67 65.84 65.16 64.11 62.04 60.12 59.13 58.20

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 90.71 91.34 91.98 92.38 92.78 93.03 93.42 94.05

ABC WAVES Trend end 93.63

Wave A 79.70 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

32.38% Wave B 84.21 80.96 81.73 82.99 84.34 85.02 85.47

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

0.65% Wave C 84.12 73.57 72.31 71.06 70.28 69.50 69.00

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-57.50% Wave efb 85.62 94.89 95.66 96.92 98.27 98.95 99.40

IMPULSIVE WAVES 3 Wave (iii)

Secondary 2 83.69% 199.36% 25.19% 61.89% 36.89%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

93.63 88.97 92.87 83.58 85.92 79.70 86.96 89.14

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 89.39 89.65 90.07 90.52 90.75 90.90 91.30 91.70

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 85.33 85.10 84.65 84.23 84.01 83.81 82.45 80.67

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 84.62 84.09 83.56 83.23 82.90 82.69 82.37 81.84

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 84.42 84.94 85.77 86.67 87.13 87.43 88.23 89.02

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 100.00%

Projections 80.90 80.03 79.71 79.22 78.24 77.34 76.88 75.87

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 85.09 85.07 85.06 85.05 85.04 85.04 85.03 85.01

ABC WAVES Trend end 85.92

Wave A 84.24 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

67.86% Wave B 85.38 84.39 84.49 84.64 84.80 84.88 84.94

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

-571.43% Wave C 94.98 84.10 83.95 83.79 83.70 83.61 83.55

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

248.81% Wave efb 90.10 86.07 86.17 86.32 86.48 86.56 86.62

79.41% 375.49% 422.22% 63.36%

TRIANGLES Start Wave A Wave B Wave C Wave D Wave E

82.86 85.92 83.49 94.98 84.72 92.00

Asc/Des

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 100.00%

Retracements 84.03 83.88 83.58 83.31 83.17 83.03 82.86

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 85.38 85.53 85.83 86.10 86.25 86.38

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 93.48 93.36 93.12 92.90 92.79 92.69

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40% 85.40%

Projections 89.11 90.47 91.45 91.82 92.37 93.50 94.53

Wave (iii) Wave (v)

160.63% -10.88% -10.88%

Wave (c) Wave (a) Wave (b) Wave (c)

68.30 84.27 84.63 84.27

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

103.10 104.06 105.98 107.76 108.68 109.54 110.37

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

46.79 45.01 44.10 43.23 42.40 29.90 27.02 25.20 17.68

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

72.02 68.11 67.29 65.68 64.19 62.69 57.84 51.50 49.07

61.80% 66.70%

88.77 90.40

100.00% 105.60%

38.61 36.24

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

89.20 89.99 90.15 90.47 90.77 91.06 92.03 93.30 93.78

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

83.71 83.67 83.65 83.63 83.59 83.55 83.53 83.51 83.50

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60%

85.87 85.91 85.97 86.08 86.10 86.14 86.18 86.22 86.34

50.00%

83.27

Wave (iii) Wave (v)

93.61% 2.12% 38.93%

Wave (c) Wave (a) Wave (b) Wave (c)

73.63 85.44 85.29 88.05

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

92.39 92.72 93.38 93.99 94.30 94.60 94.89

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

74.92 74.31 74.00 73.70 73.41 69.14 68.15 67.52 64.95

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

67.42 64.13 63.45 62.10 60.84 59.59 55.52 50.20 48.17

61.80% 66.70%

85.99 86.97

100.00% 105.60%

57.00 55.80

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

95.09 96.76 97.11 97.80 98.43 99.07 101.14 103.85 104.89

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

86.66 87.86 88.31 88.99 90.34 91.60 92.24 92.85 93.43

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

68.25 66.99 64.96 61.67 60.99 59.64 58.38 57.13 53.06

50.00%

100.60

Wave (iii) Wave (v)

94.08% -343.75% 1456.25%

Wave (c) Wave (a) Wave (b) Wave (c)

83.58 85.76 85.21 82.88

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

91.85 92.08 92.53 92.95 93.16 93.37 93.56

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

79.99 79.57 79.36 79.15 78.96 76.01 75.33 74.90 73.13

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

80.97 79.58 79.29 78.71 78.18 77.65 75.93 73.67 72.80

61.80% 66.70%

89.32 89.78

105.60% 109.20%

75.31 74.95

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

84.99 84.95 84.94 84.93 84.91 84.90 84.85 84.79 84.77

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

85.08 85.22 85.28 85.36 85.52 85.67 85.75 85.83 85.90

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

83.45 83.30 83.06 82.66 82.58 82.42 82.27 82.11 81.62

50.00%

86.76

<---------------- Expansion ---------------->

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

109.20% 114.60% 123.60% 133.30% 138.20%

82.58 82.41 82.14 81.84 81.69

261.80% 276.40% 285.40% 361.80%

86.51 86.57 86.61 86.94

261.80% 276.40% 285.40% 361.80%

47.74 45.71 44.45 33.81

261.80% 276.40% 285.40% 361.80%

80.98 80.74 80.59 79.30

IMPULSIVE WAVES 1 Wave (iii)

Primary 66.63% 176.43% 38.20% -21.93% 200.00%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

1.4281 1.3229 1.3930 1.2074 1.2783 1.3267 1.3945 1.3915

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.3324 1.3383 1.3477 1.3579 1.3631 1.3665 1.3755 1.3845

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 1.2228 1.2176 1.2074 1.1980 1.1929 1.1885 1.1578 1.1176

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 1.3926 1.3928 1.3929 1.3930 1.3931 1.3931 1.3932 1.3934

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.2241 1.2345 1.2512 1.2692 1.2783 1.2842 1.3002 1.3162

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 1.1680 1.1490 1.1419 1.1311 1.1097 1.0898 1.0797 1.0700

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 1.2902 1.2902 1.2901 1.2901 1.2901 1.2901 1.2900 1.2900

ABC WAVES Trend end 1.1879

Wave A 1.3333 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

51.38% Wave B 1.2586 1.3202 1.3121 1.2990 1.2849 1.2778 1.2731

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

116.57% Wave C 1.4281 1.3697 1.3828 1.3959 1.4040 1.4121 1.4174

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-104.20% Wave efb 1.3394 1.1748 1.1667 1.1536 1.1395 1.1324 1.1277

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 91.25% 392.50% 43.31% -38.63% -31.82%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

1.3605 1.3525 1.3598 1.3284 1.3420 1.3544 1.3158 1.3018

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.3532 1.3537 1.3544 1.3552 1.3556 1.3558 1.3565 1.3572

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 1.3469 1.3465 1.3457 1.3450 1.3446 1.3442 1.3419 1.3389

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 1.2682 1.2642 1.2603 1.2578 1.2553 1.2538 1.2514 1.2474

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.3312 1.3330 1.3358 1.3389 1.3404 1.3414 1.3441 1.3468

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 1.3260 1.3232 1.3222 1.3206 1.3175 1.3146 1.3131 1.3117

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 1.3445 1.3453 1.3460 1.3465 1.3470 1.3473 1.3477 1.3485

ABC WAVES Trend end 1.3785

Wave A 1.3544 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

25.31% Wave B 1.3605 1.3566 1.3579 1.3601 1.3624 1.3636 1.3644

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

160.58% Wave C 1.3218 1.3421 1.3399 1.3377 1.3364 1.3351 1.3342

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

601.66% Wave efb 1.5235 1.3807 1.3820 1.3842 1.3865 1.3877 1.3885

IMPULSIVE WAVES 3 Wave (iii)

Monthly 53.83% 363.03% 49.98% -12.45% 63.14%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

1.1879 1.2466 1.2150 1.4281 1.3216 1.2917 1.3333 1.2586

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.2413 1.2380 1.2327 1.2271 1.2242 1.2223 1.2173 1.2122

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 1.3100 1.3129 1.3185 1.3238 1.3266 1.3291 1.3463 1.3687

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 1.3490 1.3596 1.3703 1.3769 1.3835 1.3878 1.3942 1.4048

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 1.4089 1.3970 1.3778 1.3571 1.3467 1.3399 1.3216 1.3032

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 1.4417 1.4624 1.4700 1.4818 1.5051 1.5267 1.5378 1.5483

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections -1.0097 -1.1286 -1.2476 -1.3216 -1.3956 -1.4432 -1.5146 -1.6335

ABC WAVES Trend end 1.4281

Wave A 1.3447 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

40.53% Wave B 1.3785 1.3522 1.3569 1.3644 1.3725 1.3766 1.3792

66.70% 85.40% 94.40% 100.00% 105.60% 109.20%

67.99% Wave C 1.3218 1.3229 1.3073 1.2998 1.2951 1.2904 1.2874

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-314.87% Wave efb 1.1655 1.4356 1.4403 1.4478 1.4559 1.4600 1.4626

79.78% 221.35% 214.08% ###

TRIANGLES Start Wave A Wave B Wave C Wave D Wave E

1.2855 1.2766 1.2837 1.2640 1.2792 92.0000

Asc/Des

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 100.00%

Retracements 1.2821 1.2825 1.2834 1.2842 1.2846 1.2850 1.2855

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 1.2782 1.2778 1.2769 1.2761 1.2757 1.2753

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 1.2684 1.2687 1.2694 1.2701 1.2704 1.2707

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40% 85.40%

Projections 1.2717 1.2693 1.2677 1.2670 1.2661 1.2641 1.2624

Wave (iii) Wave (v)

520.00% 3150.00% 4350.00%

Wave (c) Wave (a) Wave (b) Wave (c)

1.3993 1.2779 1.2905 1.2731

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.3879 1.3930 1.4033 1.4127 1.4176 1.4222 1.4266

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

1.1022 1.0928 1.0879 1.0833 1.0789 1.0124 0.9970 0.9873 0.9474

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

1.3936 1.3939 1.3940 1.3941 1.3943 1.3944 1.3949 1.3954 1.3956

61.80% 66.70%

1.3221 1.3312

100.00% 105.60%

1.0576 1.0452

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

1.2899 1.2899 1.2898 1.2898 1.2898 1.2897 1.2896 1.2895 1.2894

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.2606 1.2481 1.2434 1.2364 1.2222 1.2091 1.2024 1.1960 1.1899

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

1.4252 1.4383 1.4595 1.4939 1.5010 1.5151 1.5282 1.5413 1.5837

50.00%

1.1152

Wave (iii) Wave (v)

-110.68% 147.06% 267.06%

Wave (c) Wave (a) Wave (b) Wave (c)

1.3505 1.3505 1.3380 1.3607

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.3574 1.3578 1.3586 1.3593 1.3597 1.3601 1.3604

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

1.3377 1.3370 1.3366 1.3362 1.3359 1.3309 1.3297 1.3290 1.3259

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

1.2410 1.2306 1.2285 1.2242 1.2202 1.2163 1.2034 1.1866 1.1802

61.80% 66.70%

1.3478 1.3493

100.00% 105.60%

1.3099 1.3081

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

1.3497 1.3518 1.3522 1.3530 1.3538 1.3545 1.3570 1.3603 1.3615

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.3665 1.3685 1.3693 1.3705 1.3728 1.3750 1.3761 1.3772 1.3782

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

1.3329 1.3307 1.3272 1.3215 1.3203 1.3180 1.3158 1.3136 1.3066

50.00%

1.3906

Wave (iii) Wave (v)

143.28% 0.00% 0.00%

Wave (c) Wave (a) Wave (b) Wave (c)

1.4281

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.2103 1.2075 1.2018 1.1965 1.1938 1.1912 1.1887

276.40% 285.40% 290.00% 294.40% 298.60% 323.60% 376.40% 385.60% 423.60%

1.3772 1.3825 1.3852 1.3878 1.3903 1.4050 1.4359 1.4413 1.4637

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

1.4221 1.4500 1.4558 1.4673 1.4779 1.4886 1.5231 1.5683 1.5856

61.80% 66.70%

1.2964 1.2860

100.00% 105.60%

1.5618 1.5753

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

-1.8265 -2.1383 -2.2031 -2.3313 -2.4502 -2.5692 -2.9551 -3.4599 -3.6529

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.3864 1.3936 1.3962 1.4003 1.4084 1.4159 1.4198 1.4234 1.4269

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

1.2829 1.2754 1.2632 1.2436 1.2395 1.2314 1.2239 1.2164 1.1920

50.00%

1.4698

<---------------- Expansion ---------------->

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

109.20% 114.60% 123.60% 133.30% 138.20%

1.2863 1.2868 1.2876 1.2885 1.2889

261.80% 276.40% 285.40% 361.80%

1.6393 1.6605 1.6736 1.7847

261.80% 276.40% 285.40% 361.80%

1.2974 1.2939 1.2917 1.2733

261.80% 276.40% 285.40% 361.80%

1.1602 1.1480 1.1405 1.0768

IMPULSIVE WAVES 1 Wave (iii)

Primary 23.64% 185.72% 48.23% 51.49%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

2.9245 2.2900 2.4400 1.2616 1.8300 0.9738 1.8720

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 2.3472 2.3826 2.4397 2.5013 2.5324 2.5527 2.6073

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1.4134 1.3823 1.3207 1.2636 1.2332 1.2065 1.0213

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5790 1.5279 1.4711 1.4450 1.4132 1.3927 1.3621

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.3679 1.4336 1.5397 1.6540 1.7117 1.7495 1.8508

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 0.9986 0.8555 0.8023 0.7208 0.5595 0.4099 0.3334

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60%

Projections 0.3263 0.2494 0.1641 0.1248 0.0770 0.0463 0.0002

ABC WAVES Trend end 1.2616

Wave A 1.8085 9.02% 14.60% 23.60% 33.30% 38.20%

151.14% Wave B 0.9819 1.7592 1.7287 1.6794 1.6264 1.5996

76.40% 85.40% 95.40% 100.00% 105.60%

6.64% Wave C 1.0182 1.3997 1.4490 1.5036 1.5288 1.5594

9.02% 14.60% 23.60% 33.30% 38.20%

27.72% Wave efb 1.1100 1.2123 1.1818 1.1325 1.0795 1.0527

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 59.20% 226.01% 33.66% 61.81%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1.8300 1.5670 1.7227 1.1283 1.3284 0.8947 0.9923

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5907 1.6054 1.6291 1.6546 1.6675 1.6759 1.6985

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1.2972 1.2843 1.2588 1.2351 1.2225 1.2114 1.1346

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 0.4386 0.3728 0.3071 0.2662 0.2253 0.1990 0.1596

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.1819 1.2151 1.2686 1.3262 1.3554 1.3744 1.4255

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 0.9776 0.9172 0.8947 0.8604 0.7923 0.7291 0.6969

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 0.9515 0.9187 0.8860 0.8656 0.8452 0.8321 0.8125

ABC WAVES Trend end 1.8300

Wave A 0.8625 9.02% 14.60% 23.60% 33.30% 38.20%

61.84% Wave B 1.4608 0.9498 1.0038 1.0908 1.1847 1.2321

76.40% 85.40% 94.40% 100.00% 105.60%

47.46% Wave C 1.0016 0.7216 0.6346 0.5475 0.4933 0.4391

5.60% 14.60% 23.60% 33.30% 38.20%

-79.33% Wave efb 1.0625 1.8842 1.9713 2.0583 2.1522 2.1996

IMPULSIVE WAVES 3 Wave (iii)

Secondary 2 82.87% 115.94% 13.30% 3.86%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1.2296 1.0370 1.1966 0.9733 1.0030 0.9931 0.9909

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.0544 1.0651 1.0825 1.1011 1.1106 1.1167 1.1333

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 0.8850 0.8755 0.8569 0.8395 0.8303 0.8222 0.7659

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.0153 0.9968 0.9783 0.9668 0.9553 0.9479 0.9368

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 0.9934 1.0059 1.0260 1.0477 1.0586 1.0657 1.0850

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 0.8748 0.8528 0.8446 0.8320 0.8072 0.7841 0.7723

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.0623 1.0644 1.0664 1.0677 1.0690 1.0698 1.0710

ABC WAVES Trend end 0.9848

Wave A 0.9988 9.02% 14.60% 23.60% 33.30% 38.20%

64.29% Wave B 0.9898 0.9975 0.9968 0.9955 0.9941 0.9935

76.40% 85.40% 94.40% 100.00% 105.60%

-60.00% Wave C 0.9814 1.0005 1.0018 1.0030 1.0038 1.0046

9.02% 14.60% 23.60% 33.30% 38.20%

-3847.86% Wave efb 1.5235 0.9835 0.9828 0.9815 0.9801 0.9795

88.45% 55.78% -30.63%

TRIANGLES Start Wave A Wave B Wave C Wave D

0.9931 1.0182 0.9960 1.0100 1.0168

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

Retracements 1.0027 1.0015 0.9990 0.9968 0.9956 0.9945

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 1.0115 1.0127 1.0152 1.0174 1.0186 1.0197

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 0.9963 0.9952 0.9930 0.9910 0.9900 0.9890

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40%

Projections 1.0221 1.0238 1.0250 1.0255 1.0261 1.0275

Wave (iii) Wave (v)

24.82% 132.29% 0.26% 0.55%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

2.0130 1.2616 0.9763 0.9785 0.9738

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 95.40% 98.60%

2.6618 2.6821 2.7130 2.7748 2.8319 2.8612 2.8953 2.9156

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

0.7789 0.6862 0.6291 0.5999 0.5720 0.5454 0.1444 0.0517 -0.0066

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60% 261.80%

1.3110 1.2280 1.0940 1.0661 1.0110 0.9599 0.9031 0.7430 0.5260

58.60% 61.80% 66.70%

1.9521 1.9899 2.0476

94.40% 100.00% 105.60%

0.2602 0.1671 0.0740

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60% 261.80%

-0.0767 -0.2013 -0.4028 -0.4446 -0.5274 -0.6043 -0.6896 -0.9304 -1.2565

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 95.40%

1.5821 1.5351 1.4880 1.4705 1.4439 1.3907 1.3414 1.3162 1.2868

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40%

1.5791 1.6086 1.6579 1.7377 1.8668 1.8936 1.9466 1.9959 2.0505

41.40% 50.00%

1.0352 0.9882

Wave (iii) Wave (v)

0.59% 3.01% 72.86% 101.43%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

0.9966 0.9746 0.9644 1.2296 0.8604

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.7211 1.7295 1.7423 1.7679 1.7916 1.8038 1.8153 1.8263

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1.0342 0.9958 0.9721 0.9600 0.9484 0.9374 0.7712 0.7328 0.7086

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

0.0938 -0.0128 -0.1852 -0.2210 -0.2918 -0.3576 -0.4233 -0.6366 -0.9156

58.60% 61.80% 66.70%

1.4766 1.4956 1.5248

94.40% 100.00% 105.60%

0.6660 0.6267 0.5874

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

0.7797 0.7266 0.6406 0.6228 0.5875 0.5547 0.5220 0.4157 0.2766

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

1.2630 1.3463 1.4295 1.4604 1.5074 1.6017 1.6887 1.7334 1.7758

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

0.4043 0.3520 0.2650 0.1237 -0.1046 -0.1520 -0.2459 -0.3329 -0.4200

41.40% 50.00%

2.2305 2.3138

Wave (iii) Wave (v)

88.28% 96.84% -85.02% -228.63%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

1.1725 0.9733 1.0257 1.0450 0.9931

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.1499 1.1560 1.1654 1.1841 1.2015 1.2104 1.2188 1.2269

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

0.6924 0.6643 0.6469 0.6381 0.6296 0.6215 0.4998 0.4717 0.4539

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

0.9183 0.8882 0.8397 0.8296 0.8096 0.7911 0.7726 0.7126 0.6340

58.60% 61.80% 66.70%

1.1042 1.1113 1.1222

94.40% 100.00% 105.60%

0.7611 0.7467 0.7323

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.0731 1.0764 1.0817 1.0828 1.0850 1.0871 1.0891 1.0958 1.1044

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

0.9930 0.9918 0.9906 0.9901 0.9895 0.9881 0.9868 0.9862 0.9856

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

1.0051 1.0058 1.0071 1.0091 1.0125 1.0131 1.0145 1.0158 1.0170

41.40% 50.00%

0.9790 0.9778

-11.43%

Wave E

1.0152

Asc/Des <---------------- Expansion ---------------->

100.00% 109.20% 114.60% 123.60% 133.30% 138.20%

0.9931 0.9908 0.9894 0.9872 0.9847 0.9835

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

85.40%

1.0288

423.60%

-0.2477

276.40%

0.4430

276.40%

-1.3811

98.60%

1.2693

223.60% 261.80% 276.40% 285.40% 361.80%

2.2048 2.4137 2.4935 2.5428 2.9606

423.60%

0.6086

276.40%

-1.0222

276.40%

0.2235

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

98.60%

1.8165

223.60% 261.80% 276.40% 285.40% 361.80%

-0.7025 -1.0721 -1.2134 -1.3004 -2.0396

423.60%

0.3807

276.40%

0.6039

276.40%

1.1077

98.60%

0.9850

223.60% 261.80% 276.40% 285.40% 361.80%

1.0211 1.0265 1.0285 1.0298 1.0405

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

IMPULSIVE WAVES 1 Wave (iii)

Primary 26.97% 176.40% 49.68% -206.31%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1.5640 1.5729 1.5705 1.5862 1.5784 1.5326 1.5795

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5721 1.5716 1.5708 1.5699 1.5695 1.5692 1.5685

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1.5849 1.5853 1.5862 1.5870 1.5874 1.5878 1.5904

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5841 1.5849 1.5857 1.5862 1.5867 1.5870 1.5875

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5848 1.5839 1.5825 1.5810 1.5802 1.5797 1.5784

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 1.5895 1.5914 1.5921 1.5932 1.5954 1.5974 1.5984

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5419 1.5398 1.5377 1.5364 1.5351 1.5343 1.5330

ABC WAVES Trend end 1.5503

Wave A 1.5740 9.02% 14.60% 23.60% 33.30% 38.20%

42.19% Wave B 1.5640 1.5719 1.5705 1.5684 1.5661 1.5649

76.40% 85.40% 94.40% 100.00% 105.60%

26.58% Wave C 1.5703 1.5821 1.5842 1.5864 1.5877 1.5890

9.02% 14.60% 23.60% 33.30% 38.20%

308.02% Wave efb 1.4773 1.5482 1.5468 1.5447 1.5424 1.5412

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 59.09% 318.18% 47.62% 42.19%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1.5503 1.5569 1.5530 1.5740 1.5640 1.5740 1.5680

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5563 1.5559 1.5553 1.5547 1.5544 1.5542 1.5536

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1.5637 1.5640 1.5646 1.5652 1.5656 1.5658 1.5678

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5720 1.5733 1.5747 1.5755 1.5763 1.5769 1.5777

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5721 1.5709 1.5690 1.5670 1.5660 1.5653 1.5635

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 1.5759 1.5779 1.5786 1.5798 1.5821 1.5842 1.5853

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5500 1.5490 1.5481 1.5475 1.5469 1.5465 1.5460

ABC WAVES Trend end 1.5503 1.5296

Wave A 1.5740 9.02% 14.60% 23.60% 33.30% 38.20%

42.19% Wave B 1.5640 1.5719 1.5705 1.5684 1.5661 1.5649

76.40% 85.40% 94.40% 100.00% 105.60%

-73.84% Wave C 1.5465 1.5821 1.5842 1.5864 1.5877 1.5890

9.02% 14.60% 23.60% 33.30% 38.20%

113.08% Wave efb 1.5235 1.5482 1.5468 1.5447 1.5424 1.5412

IMPULSIVE WAVES 3 Wave (iii)

Secondary 2 79.66% 233.47% 32.12% -31.05%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1.5296 1.5532 1.5344 1.5895 1.5718 1.5532 1.5728

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5511 1.5498 1.5476 1.5453 1.5442 1.5434 1.5414

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1.5726 1.5737 1.5760 1.5782 1.5793 1.5803 1.5872

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5796 1.5831 1.5865 1.5887 1.5909 1.5922 1.5943

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1.5845 1.5815 1.5765 1.5712 1.5685 1.5667 1.5620

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 1.6018 1.6069 1.6088 1.6118 1.6176 1.6230 1.6257

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1.5247 1.5225 1.5203 1.5189 1.5175 1.5167 1.5153

ABC WAVES Trend end 1.5895

Wave A 1.5718 9.02% 14.60% 23.60% 33.30% 38.20%

88.14% Wave B 1.5874 1.5734 1.5744 1.5760 1.5777 1.5786

76.40% 85.40% 94.40% 100.00% 105.60%

222.60% Wave C 1.5480 1.5739 1.5723 1.5707 1.5697 1.5687

9.02% 14.60% 23.60% 33.30% 38.20%

-372.88% Wave efb 1.5235 1.5911 1.5921 1.5937 1.5954 1.5963

88.14% 76.27% -42.31%

TRIANGLES Start Wave A Wave B Wave C Wave D

1.5895 1.5718 1.5874 1.5739 1.5673

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

Retracements 1.5827 1.5836 1.5853 1.5869 1.5877 1.5885

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 1.5765 1.5756 1.5739 1.5723 1.5714 1.5707

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 1.5835 1.5843 1.5858 1.5872 1.5880 1.5886

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40%

Projections 1.5621 1.5606 1.5594 1.5590 1.5583 1.5570

Wave (iii) Wave (v)

25.56% 100.00% 18.18% 116.45%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

1.5772 1.5862 1.5553 1.5595 1.5326

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.5677 1.5674 1.5670 1.5661 1.5653 1.5649 1.5645 1.5641

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1.5938 1.5951 1.5959 1.5963 1.5967 1.5971 1.6027 1.6040 1.6048

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5883 1.5896 1.5918 1.5922 1.5931 1.5939 1.5947 1.5973 1.6008

58.60% 61.80% 66.70%

1.5770 1.5765 1.5757

94.40% 100.00% 105.60%

1.5994 1.6006 1.6018

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5309 1.5276 1.5221 1.5210 1.5188 1.5167 1.5146 1.5078 1.4990

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

1.5642 1.5622 1.5601 1.5594 1.5582 1.5559 1.5538 1.5527 1.5516

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

1.5899 1.5912 1.5933 1.5968 1.6023 1.6035 1.6058 1.6079 1.6101

41.40% 50.00%

1.5405 1.5385

Wave (iii) Wave (v)

50.00% 24.00% 44.34% -392.45%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

1.5605 1.5641 1.5534 1.5581 1.5997

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.5530 1.5528 1.5525 1.5519 1.5513 1.5510 1.5507 1.5504

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1.5703 1.5712 1.5718 1.5721 1.5724 1.5727 1.5769 1.5778 1.5784

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5790 1.5812 1.5848 1.5855 1.5870 1.5883 1.5897 1.5940 1.5998

58.60% 61.80% 66.70%

1.5617 1.5610 1.5600

94.40% 100.00% 105.60%

1.5864 1.5877 1.5890

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5450 1.5435 1.5409 1.5404 1.5394 1.5384 1.5375 1.5344 1.5303

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

1.5642 1.5622 1.5601 1.5594 1.5582 1.5559 1.5538 1.5527 1.5516

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

1.5899 1.5912 1.5933 1.5968 1.6023 1.6035 1.6058 1.6079 1.6101

41.40% 50.00%

1.5405 1.5385

Wave (iii) Wave (v)

58.59% 102.08% -16.80% -40.57%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

1.5503 1.5895 1.5474 1.5433 1.5532

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1.5394 1.5386 1.5375 1.5352 1.5330 1.5320 1.5309 1.5299

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1.5962 1.5996 1.6018 1.6028 1.6039 1.6049 1.6198 1.6232 1.6254

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5978 1.6034 1.6124 1.6143 1.6180 1.6215 1.6249 1.6362 1.6508

58.60% 61.80% 66.70%

1.5572 1.5554 1.5527

94.40% 100.00% 105.60%

1.6283 1.6317 1.6351

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1.5131 1.5096 1.5038 1.5026 1.5003 1.4981 1.4959 1.4887 1.4794

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

1.5791 1.5806 1.5822 1.5827 1.5836 1.5853 1.5869 1.5877 1.5885

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

1.5681 1.5671 1.5655 1.5629 1.5588 1.5579 1.5562 1.5546 1.5530

41.40% 50.00%

1.5968 1.5984

34.81%

Wave E

1.5626

Asc/Des <---------------- Expansion ---------------->

100.00% 109.20% 114.60% 123.60% 133.30% 138.20%

1.5895 1.5911 1.5921 1.5937 1.5954 1.5963

100.00%

1.5697

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

85.40%

1.5558

423.60%

1.6082

276.40%

1.6021

276.40%

1.4957

98.60%

1.5506

223.60% 261.80% 276.40% 285.40% 361.80%

1.6170 1.6260 1.6295 1.6316 1.6497

423.60%

1.5810

276.40%

1.6020

276.40%

1.5288

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

98.60%

1.5506

223.60% 261.80% 276.40% 285.40% 361.80%

1.6170 1.6260 1.6295 1.6316 1.6497

423.60%

1.6344

276.40%

1.6564

276.40%

1.4759

98.60%

1.5893

223.60% 261.80% 276.40% 285.40% 361.80%

1.5478 1.5411 1.5385 1.5369 1.5234

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

IMPULSIVE WAVES 1 Wave (iii)

Primary 38.92% 283.24% 50.00% -0.63% 50.40%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

0.9091 0.9276 0.9204 0.9728 0.9466 0.9462 0.9456 0.9329

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9259 0.9249 0.9232 0.9214 0.9205 0.9199 0.9184 0.9168

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 0.9503 0.9512 0.9530 0.9547 0.9556 0.9564 0.9618 0.9688

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.9522 0.9544 0.9567 0.9581 0.9595 0.9604 0.9618 0.9640

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9681 0.9651 0.9604 0.9554 0.9528 0.9511 0.9466 0.9421

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 0.9785 0.9839 0.9860 0.9891 0.9953 1.0010 1.0039 1.0067

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.8641 0.8603 0.8565 0.8541 0.8517 0.8502 0.8479 0.8441

ABC WAVES Trend end 0.9728

Wave A 0.9690 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

100.00% Wave B 0.9728 0.9693 0.9696 0.9699 0.9703 0.9705 0.9706

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

142.11% Wave C 0.9674 0.9699 0.9696 0.9692 0.9690 0.9688 0.9687

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-1252.63% Wave efb 0.9252 0.9731 0.9734 0.9737 0.9741 0.9743 0.9744

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 65.38% 301.15% 40.10% -35.97% 27.81%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

0.8770 0.9030 0.8860 0.9643 0.9329 0.9015 0.9180 0.9091

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9007 0.8992 0.8969 0.8943 0.8931 0.8922 0.8900 0.8878

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 0.9281 0.9293 0.9319 0.9342 0.9355 0.9365 0.9441 0.9541

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.9335 0.9364 0.9393 0.9411 0.9429 0.9440 0.9458 0.9487

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9572 0.9529 0.9458 0.9382 0.9344 0.9319 0.9252 0.9184

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 0.9766 0.9841 0.9869 0.9911 0.9996 1.0075 1.0115 1.0153

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.9188 0.9182 0.9177 0.9173 0.9169 0.9167 0.9164 0.9158

ABC WAVES Trend end 0.9461

Wave A 0.9643 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

50.00% Wave B 0.9552 0.9627 0.9616 0.9600 0.9582 0.9573 0.9568

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

-46.70% Wave C 0.9467 0.9691 0.9707 0.9724 0.9734 0.9744 0.9751

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-3172.53% Wave efb 1.5235 0.9445 0.9434 0.9418 0.9400 0.9391 0.9386

IMPULSIVE WAVES 3 Wave (iii)

Secondary 2 100.00% 286.36% 23.81% 255.56% 50.00%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

0.9717 0.9695 0.9717 0.9654 0.9669 0.9508 0.9677 0.9697

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9697 0.9698 0.9700 0.9702 0.9703 0.9704 0.9706 0.9708

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 0.9681 0.9680 0.9678 0.9676 0.9675 0.9674 0.9668 0.9659

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.9666 0.9663 0.9659 0.9657 0.9655 0.9653 0.9651 0.9648

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 0.9660 0.9663 0.9669 0.9675 0.9678 0.9680 0.9686 0.9691

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00% 94.40%

Projections 0.9638 0.9632 0.9630 0.9627 0.9621 0.9615 0.9612 0.9610

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 0.9339 0.9337 0.9334 0.9333 0.9332 0.9331 0.9329 0.9327

ABC WAVES Trend end 0.9573

Wave A 0.9643 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

58.57% Wave B 0.9602 0.9637 0.9633 0.9626 0.9620 0.9616 0.9614

76.40% 85.40% 94.40% 100.00% 105.60% 109.20%

122.86% Wave C 0.9688 0.9655 0.9662 0.9668 0.9672 0.9676 0.9678

9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

-8088.57% Wave efb 1.5235 0.9567 0.9563 0.9556 0.9550 0.9546 0.9544

76.54% -243.46% 76.38% 58.61%

TRIANGLES Start Wave A Wave B Wave C Wave D Wave E

0.8770 0.9030 0.8831 0.8198 0.8046 0.7675

Asc/Des

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 100.00%

Retracements 0.8869 0.8857 0.8831 0.8808 0.8796 0.8785 0.8770

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 0.8992 0.9004 0.9030 0.9053 0.9066 0.9076

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 0.8075 0.8065 0.8046 0.8028 0.8019 0.8010

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40% 85.40%

Projections 0.7804 0.7730 0.7675 0.7655 0.7624 0.7562 0.7505

Wave (iii) Wave (v)

158.33% -18.16% -60.38%

Wave (c) Wave (a) Wave (b) Wave (c)

0.9728 0.9042 0.8965 0.9221

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.9162 0.9153 0.9135 0.9118 0.9109 0.9101 0.9094

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

0.9715 0.9732 0.9740 0.9749 0.9756 0.9873 0.9900 0.9917 0.9988

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.9677 0.9737 0.9749 0.9774 0.9796 0.9819 0.9892 0.9989 1.0026

61.80% 66.70%

0.9404 0.9378

100.00% 105.60%

1.0103 1.0139

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.8379 0.8279 0.8258 0.8217 0.8179 0.8141 0.8017 0.7855 0.7793

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.9709 0.9712 0.9713 0.9715 0.9719 0.9722 0.9724 0.9726 0.9727

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

0.9684 0.9681 0.9675 0.9667 0.9665 0.9661 0.9658 0.9654 0.9643

50.00%

0.9747

Wave (iii) Wave (v)

152.50% -47.62% -3163.49%

Wave (c) Wave (a) Wave (b) Wave (c)

0.9579 0.9266 0.9236 1.1229 TRIANGLES

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.8869 0.8857 0.8831 0.8808 0.8796 0.8785 0.8774

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

0.9579 0.9602 0.9614 0.9625 0.9636 0.9801 0.9839 0.9863 0.9961

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.9533 0.9609 0.9624 0.9655 0.9684 0.9713 0.9807 0.9929 0.9975

61.80% 66.70%

0.9159 0.9121

100.00% 105.60%

1.0202 1.0251

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.9149 0.9134 0.9131 0.9125 0.9119 0.9114 0.9095 0.9071 0.9062

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.9552 0.9536 0.9531 0.9522 0.9504 0.9488 0.9479 0.9471 0.9464

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

0.9761 0.9777 0.9804 0.9846 0.9855 0.9873 0.9889 0.9906 0.9959

50.00%

0.9370

Wave (iii) Wave (v)

30.00% -1092.31% -703.85%

Wave (c) Wave (a) Wave (b) Wave (c)

0.9685 0.9643 0.9359 0.9542

61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.9709 0.9710 0.9712 0.9714 0.9715 0.9716 0.9717

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

0.9656 0.9654 0.9653 0.9652 0.9651 0.9637 0.9634 0.9632 0.9624

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.9642 0.9632 0.9630 0.9626 0.9623 0.9619 0.9608 0.9592 0.9586

61.80% 66.70%

0.9693 0.9696

100.00% 105.60%

0.9606 0.9602

138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80% 276.40%

0.9323 0.9317 0.9316 0.9313 0.9311 0.9308 0.9301 0.9291 0.9287

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

0.9608 0.9602 0.9600 0.9596 0.9590 0.9583 0.9580 0.9577 0.9574

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60%

0.9682 0.9689 0.9699 0.9715 0.9719 0.9725 0.9732 0.9738 0.9759

50.00%

0.9538

<---------------- Expansion ---------------->

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

109.20% 114.60% 123.60% 133.30% 138.20%

0.8746 0.8732 0.8709 0.8683 0.8671

261.80% 276.40% 285.40% 361.80%

0.9629 0.9623 0.9620 0.9591

261.80% 276.40% 285.40% 361.80%

1.0028 1.0055 1.0071 1.0210

261.80% 276.40% 285.40% 361.80%

0.9785 0.9795 0.9802 0.9855

IMPULSIVE WAVES 1 Wave (iii)

Primary 85.96% 361.40% 38.35% -1254.21%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

112.15 112.72 112.23 114.29 113.50 86.66 113.74

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 112.67 112.64 112.59 112.53 112.50 112.48 112.44

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 113.15 113.18 113.24 113.29 113.31 113.34 113.50

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 113.82 113.96 114.10 114.18 114.26 114.32 114.40

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 114.10 113.99 113.80 113.60 113.50 113.44 113.26

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 114.57 114.75 114.82 114.93 115.13 115.33 115.43

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 108.46 108.24 108.02 107.89 107.76 107.67 107.54

ABC WAVES Trend end 113.77

Wave A 113.06 9.02% 14.60% 23.60% 33.30% 38.20%

94.37% Wave B 113.73 113.12 113.16 113.23 113.30 113.33

76.40% 85.40% 95.40% 100.00% 105.60%

143.66% Wave C 112.71 113.19 113.12 113.05 113.02 112.98

9.02% 14.60% 23.60% 33.30% 38.20%

-3970.42% Wave efb 85.58 113.83 113.87 113.94 114.01 114.04

IMPULSIVE WAVES 2 Wave (iii)

Secondary 1 91.04% 173.85% 21.03% -47.15%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

105.42 109.55 105.79 112.97 111.46 107.90 108.24

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 109.18 108.95 108.58 108.17 107.97 107.84 107.49

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 112.47 112.67 113.08 113.45 113.65 113.82 115.02

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 109.58 109.80 110.02 110.16 110.30 110.39 110.52

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 112.32 111.92 111.28 110.58 110.23 110.00 109.38

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 115.23 115.88 116.13 116.50 117.23 117.91 118.26

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 106.65 106.18 105.71 105.42 105.13 104.94 104.66

ABC WAVES Trend end 111.46

Wave A 113.51 9.02% 14.60% 23.60% 33.30% 38.20%

66.34% Wave B 112.15 113.33 113.21 113.03 112.83 112.73

76.40% 85.40% 94.40% 100.00% 105.60%

37.56% Wave C 112.92 113.72 113.90 114.09 114.20 114.31

9.02% 14.60% 23.60% 33.30% 38.20%

5362.76% Wave efb 1.52 111.28 111.16 110.98 110.78 110.68

IMPULSIVE WAVES 3 Wave (iii)

Secondary 2 77.91% 196.51% 135.50% -35.64%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

112.67 113.53 112.86 114.55 112.26 111.59 114.17

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 113.45 113.40 113.33 113.24 113.20 113.17 113.10

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 114.25 114.29 114.38 114.45 114.50 114.53 114.78

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 114.48 114.60 114.72 114.79 114.86 114.91 114.98

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 114.40 114.30 114.15 113.99 113.90 113.85 113.71

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 113.20 113.36 113.42 113.51 113.70 113.87 113.95

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 111.67 111.63 111.59 111.57 111.55 111.53 111.51

ABC WAVES Trend end 112.86

Wave A 114.17 9.02% 14.60% 23.60% 33.30% 38.20%

639.69% Wave B 105.79 114.05 113.98 113.86 113.73 113.67

76.40% 85.40% 94.40% 100.00% 105.60%

302.29% Wave C 109.75 106.79 106.91 107.03 107.10 107.17

9.02% 14.60% 23.60% 33.30% 38.20%

296.95% Wave efb 108.97 112.74 112.67 112.55 112.42 112.36

91.04% 25.42% 20.48%

TRIANGLES Start Wave A Wave B Wave C Wave D

105.42 109.55 105.79 106.84 106.07

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

Retracements 107.00 106.80 106.39 106.02 105.83 105.65

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 108.34 108.54 108.95 109.32 109.52 109.69

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 104.52 104.34 103.97 103.63 103.45 103.29

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40%

Projections 106.47 106.60 106.69 106.72 106.77 106.87

Wave (iii) Wave (v)

70.86% -198.68% -32.78% 980.91%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

112.67 109.67 111.09 110.30 86.66

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

112.39 112.37 112.34 112.28 112.23 112.21 112.18 112.16

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 398.40%

113.72 113.81 113.86 113.88 113.91 113.93 114.29 114.38 114.50

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

114.54 114.76 115.11 115.19 115.33 115.47 115.61 116.05 116.62

58.60% 61.80% 66.70%

113.08 113.02 112.92

94.40% 100.00% 105.60%

115.52 115.64 115.76

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

107.32 106.97 106.40 106.28 106.05 105.83 105.61 104.91 103.99

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

113.35 113.41 113.48 113.50 113.53 113.60 113.67 113.70 113.73

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

112.95 112.92 112.85 112.75 112.58 112.55 112.48 112.41 112.35

41.40% 50.00%

114.06 114.13

Wave (iii) Wave (v)

21.63% 214.69% 84.29% 27.20%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

107.71 112.97 106.24 110.64 109.22

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

107.13 107.00 106.80 106.39 106.02 105.83 105.65 105.48

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

116.60 117.21 117.58 117.77 117.95 118.12 120.73 121.34 121.72

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

110.74 111.10 111.67 111.79 112.03 112.25 112.47 113.19 114.12

58.60% 61.80% 66.70%

108.76 108.53 108.18

94.40% 100.00% 105.60%

118.59 119.01 119.43

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

104.19 103.43 102.19 101.94 101.43 100.96 100.49 98.97 96.97

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

112.66 112.49 112.31 112.24 112.14 111.94 111.76 111.66 111.57

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

114.39 114.50 114.68 114.98 115.47 115.57 115.77 115.95 116.14

41.40% 50.00%

110.61 110.43

Wave (iii) Wave (v)

52.67% -123.66% 39.53% 95.35%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

113.48 111.86 111.83 112.00 111.59

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

113.03 113.00 112.96 112.87 112.80 112.76 112.72 112.68

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

115.11 115.24 115.31 115.35 115.39 115.43 115.97 116.10 116.18

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

115.10 115.29 115.60 115.66 115.79 115.91 116.03 116.41 116.91

58.60% 61.80% 66.70%

113.56 113.51 113.42

94.40% 100.00% 105.60%

114.03 114.14 114.25

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

111.47 111.41 111.30 111.28 111.24 111.20 111.16 111.04 110.87

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

113.63 113.52 113.40 113.36 113.30 113.17 113.05 112.99 112.93

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

107.22 107.29 107.41 107.60 107.91 107.97 108.10 108.22 108.34

41.40% 50.00%

112.32 112.21

41.90%

Wave E

106.51

Asc/Des <---------------- Expansion ---------------->

100.00% 109.20% 114.60% 123.60% 133.30% 138.20%

105.42 105.04 104.82 104.45 104.04 103.84

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

85.40%

106.97

423.60%

114.64

276.40%

116.84

276.40%

103.64

98.60%

113.76

223.60% 261.80% 276.40% 285.40% 361.80%

112.14 111.87 111.77 111.70 111.16

423.60%

123.28

276.40%

114.48

276.40%

96.21

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

98.60%

111.49

223.60% 261.80% 276.40% 285.40% 361.80%

116.73 117.52 117.82 118.00 119.57

423.60%

116.50

276.40%

117.10

276.40%

110.81

98.60%

112.88

223.60% 261.80% 276.40% 285.40% 361.80%

108.72 109.22 109.41 109.53 110.53

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

IMPULSIVE WAVES 1 Wave (iii)

Primary 1 38.16% 261.80% 49.75% 11.13%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

1157.98 1210.73 1190.60 1328.70 1260.00 1279.00 1237.21

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1205.97 1203.03 1198.28 1193.16 1190.58 1188.89 1184.36

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 1275.95 1278.53 1283.65 1288.40 1290.93 1293.15 1308.55

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 1245.53 1249.72 1253.92 1256.53 1259.14 1260.82 1263.34

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1316.24 1308.54 1296.11 1282.71 1275.95 1271.53 1259.65

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 1345.36 1360.04 1365.50 1373.87 1390.43 1405.79 1413.65

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60%

Projections -810.90 -916.55 -1033.93 -1087.93 -1153.67 -1195.92 -1259.31

ABC WAVES Trend end 1157.98

Wave A 1210.73 9.02% 14.60% 23.60% 33.30% 38.20%

38.16% Wave B 1190.60 1205.97 1203.03 1198.28 1193.16 1190.58

76.40% 85.40% 94.40% 100.00% 105.60%

88.36% Wave C 1237.21 1230.90 1235.65 1240.40 1243.35 1246.30

9.02% 14.60% 23.60% 33.30% 38.20%

2035.00% Wave efb 84.52 1153.22 1150.28 1145.53 1140.41 1137.83

IMPULSIVE WAVES 2 Wave (iii)

Wave -iii- 40.44% 547.40% 16.65% -142.13%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

561.50 698.00 642.80 1390.00 1265.57 88.05 1017.50

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 685.69 678.07 665.79 652.55 645.86 641.49 629.75

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 863.66 870.35 883.59 895.87 902.42 908.16 948.01

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 984.77 1018.49 1052.22 1073.20 1094.18 1107.67 1127.91

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 1322.60 1280.91 1213.66 1141.18 1104.57 1080.66 1016.40

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 1679.82 1751.07 1777.58 1818.18 1898.54 1973.11 2011.22

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections -813.53 -919.59 -1025.65 -1091.64 -1157.63 -1200.05 -1263.69

ABC WAVES Trend end 84.72

Wave A 86.37 9.02% 14.60% 23.60% 33.30% 38.20%

76.36% Wave B 85.11 86.22 86.13 85.98 85.82 85.74

76.40% 85.40% 94.40% 100.00% 105.60%

50.91% Wave C 85.95 86.37 86.52 86.67 86.76 86.85

9.02% 14.60% 23.60% 33.30% 38.20%

-54.55% Wave efb 85.62 84.57 84.48 84.33 84.17 84.09

IMPULSIVE WAVES 3 Wave (iii)

Wave -c- 82.93% 285.37% 22.22% 947.58%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

85.11 85.52 85.18 86.35 86.09 97.84 147.51

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 85.48 85.46 85.42 85.38 85.36 85.35 85.32

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 85.84 85.86 85.90 85.94 85.96 85.98 86.10

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 204.44 210.05 215.66 219.15 222.64 224.88 228.25

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 86.24 86.18 86.07 85.96 85.90 85.87 85.77

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 86.71 86.82 86.86 86.92 87.04 87.15 87.21

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 130.94 132.85 134.76 135.95 137.14 137.90 139.05

ABC WAVES Trend end 85.52

Wave A 85.20 9.02% 14.60% 23.60% 33.30% 38.20%

16878.13% Wave B 139.21 85.23 85.25 85.28 85.31 85.32

76.40% 85.40% 94.40% 100.00% 105.60%

17028.13% Wave C 84.72 138.97 138.94 138.91 138.89 138.87

9.02% 14.60% 23.60% 33.30% 38.20%

1431.25% Wave efb 90.10 85.55 85.57 85.60 85.63 85.64

115.91% 70.90% 61.77%

TRIANGLES Start Wave A Wave B Wave C Wave D

87.10 101.43 84.82 94.98 84.72

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

Retracements 92.57 91.88 90.48 89.19 88.53 87.90

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 93.68 94.37 95.77 97.06 97.75 98.35

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 84.72 83.92 82.29 80.80 80.00 79.30

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40%

Projections 88.60 89.80 90.67 91.00 91.49 92.48

Wave (iii) Wave (v)

58.55% 299.85% -0.02% -0.06%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

1209.92 1349.68 86.15 85.92 86.66

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

1179.82 1178.13 1175.57 1170.43 1165.68 1163.24 1160.93 1158.72

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1328.70 1336.40 1341.15 1343.57 1345.90 1348.11 1381.45 1389.15 1394.00

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1267.53 1274.34 1285.33 1287.62 1292.14 1296.33 1300.53 1314.14 1331.94

58.60% 61.80% 66.70%

1247.77 1243.35 1236.59

94.40% 100.00% 105.60%

1421.16 1430.72 1440.28

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

-1364.96 -1536.34 -1813.37 -1870.89 -1984.75 -2090.40 -2196.04 -2538.81 -2987.22

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

1188.89 1184.36 1179.82 1178.13 1175.57 1170.43 1165.68 1163.24 1160.93

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

1248.20 1251.05 1255.80 1263.50 1275.95 1278.53 1283.65 1288.40 1293.15

41.40% 50.00%

1136.14 1131.61

Wave (iii) Wave (v)

85.13% 185.88% -0.03% -0.11%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

698.50 1395.00 87.15 86.78 88.05

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

618.01 613.64 607.01 593.71 581.43 575.12 569.14 563.41

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

1000.16 1020.09 1032.37 1038.65 1044.66 1050.39 1136.66 1156.59 1169.14

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

1161.63 1216.34 1304.76 1323.12 1359.47 1393.19 1426.92 1536.33 1679.46

58.60% 61.80% 66.70%

952.14 928.23 891.62

94.40% 100.00% 105.60%

2047.67 2094.07 2140.47

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

-1369.75 -1541.80 -1819.90 -1877.65 -1991.95 -2098.01 -2204.07 -2548.17 -2998.32

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

85.69 85.55 85.40 85.35 85.27 85.11 84.96 84.88 84.81

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

86.91 87.00 87.15 87.39 87.78 87.86 88.02 88.17 88.32

41.40% 50.00%

84.04 83.90

Wave (iii) Wave (v)

-14.94% -39.45% -34.97% -79.59%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

156.82 132.23 107.31 114.73 97.84

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

85.28 85.27 85.25 85.21 85.17 85.15 85.13 85.12

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

86.25 86.31 86.35 86.37 86.39 86.40 86.66 86.72 86.76

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

233.86 242.96 257.67 260.72 266.77 272.38 277.99 296.19 320.00

58.60% 61.80% 66.70%

85.66 85.63 85.57

94.40% 100.00% 105.60%

87.26 87.33 87.40

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

140.96 144.06 149.06 150.10 152.16 154.07 155.98 162.18 170.28

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

85.33 85.36 85.39 85.40 85.41 85.44 85.47 85.49 85.50

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

138.86 138.84 138.81 138.77 138.69 138.68 138.65 138.62 138.59

41.40% 50.00%

85.65 85.68

71.65%

Wave E

92.00

Asc/Des <---------------- Expansion ---------------->

100.00% 109.20% 114.60% 123.60% 133.30% 138.20%

87.10 85.78 85.01 83.72 82.33 81.63

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

85.40%

93.40

423.60%

1414.05

276.40%

1338.75

276.40%

-3158.60

98.60%

1158.72

223.60% 261.80% 276.40% 285.40% 361.80%

1308.55 1328.6995 1336.4010 1341.1485 1381.4495

423.60% 523.60%

1221.01 1357.51

276.40%

1734.17

276.40%

-3170.37

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

98.60%

84.74

223.60% 261.80% 276.40% 285.40% 361.80%

88.80 89.43 89.67 89.82 91.08

423.60%

86.92

276.40%

329.10

276.40%

173.38

98.60%

85.52

223.60% 261.80% 276.40% 285.40% 361.80%

138.49 138.37 138.33 138.30 138.05

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

IMPULSIVE WAVES 1 Wave (iii)

Primary 97.69% 399.96% 21.55% -2.12%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

9936.99 10159.73 9942.14 10833.00 10641.00 10622.00 10450.92

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 10139.64 10127.21 10107.16 10085.56 10074.64 10067.52 10048.36

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 10302.53 10313.45 10335.05 10355.10 10365.79 10375.15 10440.19

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 10721.76 10767.55 10813.34 10841.83 10870.32 10888.64 10916.11

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 10752.64 10702.93 10622.76 10536.34 10492.69 10464.18 10387.57

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 11089.01 11166.06 11194.73 11238.64 11325.55 11406.19 11447.41

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 10906.25 10927.13 10948.01 10961.00 10973.99 10982.34 10994.87

ABC WAVES Trend end 10719.94

Wave A 9936.99 9.02% 14.60% 23.60% 33.30% 38.20%

9.10% Wave B 10008.21 10007.61 10051.30 10121.77 10197.71 10236.08

76.40% 85.40% 90.20% 100.00% 105.60%

-91.37% Wave C 10723.61 9410.04 9339.57 9301.99 9225.26 9181.41

9.02% 14.60% 23.60% 33.30% 38.20%

-165.11% Wave efb 9427.21 10790.56 10834.25 10904.72 10980.66 11019.03

IMPULSIVE WAVES 2 Wave (iii)

Wave -iii- 62.24% 183.92% 31.56% 217.96%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

10333.00 10476.00 10387.00 10650.00 10567.00 11257.93 10119.47

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 10463.10 10455.12 10442.25 10428.38 10421.37 10416.80 10404.50

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 10618.37 10625.38 10639.25 10652.12 10658.99 10664.99 10706.75

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 9474.56 9450.48 9426.40 9411.42 9396.44 9386.81 9372.36

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 10626.28 10611.60 10587.93 10562.42 10549.53 10541.12 10518.50

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 10725.50 10752.76 10762.91 10778.44 10809.19 10837.72 10852.30

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 10087.66 10076.09 10064.53 10057.33 10050.13 10045.51 10038.57

ABC WAVES Trend end 8087.34

Wave A 8228.67 9.02% 14.60% 23.60% 33.30% 38.20%

95.40% Wave B 8093.84 8215.92 8208.04 8195.32 8181.61 8174.68

76.40% 85.40% 94.40% 100.00% 105.60%

456.88% Wave C 8739.55 8201.82 8214.54 8227.26 8235.17 8243.08

9.02% 14.60% 23.60% 33.30% 38.20%

5661.73% Wave efb 85.62 8074.59 8066.71 8053.99 8040.28 8033.35

IMPULSIVE WAVES 3 Wave (iii)

Wave (A) of Wave (III) 32.83% 189.48% 277.25% 0.00%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a)

6469.95 8877.93 8087.34 12650.00 0.00 0.00 11258.01

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 8660.73 8526.36 8309.65 8076.07 7958.08 7881.03 7673.94

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60%

Projections 11983.45 12101.44 12335.02 12551.73 12667.32 12768.45 13471.58

Wave (c) 76.40% 85.40% 94.40% 100.00% 105.60% 109.20% 114.60%

Projections 12036.71 12322.07 12607.43 12784.99 12962.55 13076.69 13247.91

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00%

Retracements 12238.45 11983.85 11573.21 11130.63 10907.06 10761.06 10368.67

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 90.00%

Projections 3090.03 3621.51 3819.27 4122.09 4721.56 5277.76 5562.05

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60%

Projections 196.71 206.37 217.10 222.04 228.05 231.91 237.71

ABC WAVES Trend end 8087.34

Wave A 11258.01 9.02% 14.60% 23.60% 33.30% 38.20%

352.11% Wave B 93.63 10972.02 10795.09 10509.73 10202.18 10046.81

76.40% 85.40% 94.40% 100.00% 105.60%

0.04% Wave C 94.98 2516.02 2801.38 3086.74 3264.30 3441.86

9.02% 14.60% 23.60% 33.30% 38.20%

252.23% Wave efb 90.10 7801.35 7624.42 7339.06 7031.51 6876.14

77.42% 1063.44% 1425.00%

TRIANGLES Start Wave A Wave B Wave C Wave D

84.88 85.81 85.09 94.98 84.72

Wave B 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

Retracements 85.24 85.19 85.10 85.02 84.97 84.93

Wave C 61.80% 66.66% 76.40% 85.40% 90.20% 94.40%

Projections 85.66 85.71 85.80 85.88 85.93 85.97

Wave D 61.80% 66.60% 76.40% 85.40% 90.20% 94.40%

Projections 94.54 94.50 94.43 94.37 94.33 94.30

Wave E 38.20% 50.00% 58.60% 61.80% 66.60% 76.40%

Projections 88.50 89.66 90.52 90.83 91.31 92.28

Wave (iii) Wave (v)

23.17% 98.26% 62.07% -3.91%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

10333.05 10833.00 10873.00 10729.00 10719.94

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 95.40% 98.60%

10029.20 10022.08 10011.25 9989.56 9969.51 9959.22 9947.24 9940.11

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 398.40%

10525.27 10557.79 10577.84 10588.09 10597.89 10607.24 10748.01 10780.53 10829.54

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

10961.90 11036.18 11156.26 11181.19 11230.54 11276.33 11322.12 11470.68 11665.04

58.60% 61.80% 66.70%

10310.96 10282.45 10238.80

94.40% 100.00% 105.60%

11486.83 11537.01 11587.19

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

11015.75 11049.62 11104.38 11115.74 11138.25 11159.13 11180.01 11247.75 11336.38

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

10261.13 10328.47 10395.80 10420.85 10458.90 10535.16 10605.63 10641.80 10676.09

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40%

9153.23 9110.95 9040.48 8926.17 8741.40 8703.03 8627.09 8556.62 8478.33

41.40% 50.00%

11044.08 11111.42

Wave (iii) Wave (v)

-164.66% -392.83% -196.63% -834.32%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

9678.95 10729.90 10438.50 10185.83 11257.93

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 95.40% 98.60%

10392.20 10387.63 10380.68 10366.75 10353.88 10347.27 10339.58 10335.00

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

10761.37 10782.25 10795.12 10801.70 10807.99 10814.00 10904.37 10925.25 10938.41

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

9348.28 9309.22 9246.09 9232.98 9207.03 9182.95 9158.87 9080.75 8978.56

58.60% 61.80% 66.70%

10495.88 10487.47 10474.58

94.40% 100.00% 105.60%

10866.25 10884.00 10901.75

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

10027.00 10008.24 9977.92 9971.62 9959.16 9947.59 9936.03 9898.50 9849.42

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

8170.16 8158.01 8145.85 8141.33 8134.46 8120.69 8107.97 8101.44 8095.25

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

8248.17 8255.80 8268.52 8289.16 8322.51 8329.44 8343.15 8355.87 8368.59

41.40% 50.00%

8028.83 8016.68

Wave (iii) Wave (v)

51.84% 95.74% -6.91% -15.74%

Wave (b) Wave (c) Wave (a) Wave (b) Wave (c)

9614.32 12650.00 107.31 114.73 97.84

58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40% 98.60%

7466.85 7389.80 7272.77 7038.23 6821.52 6710.27 6604.80 6503.66

261.80% 276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60%

14391.43 14743.00 14959.71 15070.48 15176.43 15277.57 16799.41 17150.98 17372.51

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40% 223.60% 261.80%

13533.27 13996.19 14744.46 14899.83 15207.38 15492.74 15778.10 16703.94 17915.13

58.60% 61.80% 66.70%

9976.28 9830.28 9606.71

94.40% 100.00% 105.60%

5833.97 6180.05 6526.13

123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60% 261.80%

247.37 263.03 288.36 293.62 304.02 313.68 324.41 354.68 395.67

41.40% 50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 94.40%

9945.35 9672.68 9400.00 9298.54 9144.44 8835.62 8550.26 8403.77 8264.90

109.20% 114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 194.40%

3556.00 3727.22 4012.58 4475.50 5223.77 5379.14 5686.69 5972.05 6257.41

41.40% 50.00%

6774.68 6502.01

73.61%

Wave E

92.00

Asc/Des <---------------- Expansion ---------------->

100.00% 109.20% 114.60% 123.60% 133.30% 138.20%

84.88 84.79 84.74 84.66 84.57 84.52

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

85.40%

93.17

423.60% 461.80%

10885.67 10970.75

276.40%

11739.32

276.40%

11370.25

98.60%

10708.98

223.60% 261.80% 276.40% 290.20% 295.40%

8257.53 7958.45 7844.14 7736.09 7695.38

423.60%

10992.75

276.40%

8939.50

276.40%

9830.66

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 3

TRIANGLES

98.60%

8089.32

223.60% 261.80% 276.40% 285.40% 361.80%

8409.85 8463.84 8484.48 8497.20 8605.17

423.60%

18287.54

276.40%

18378.05

276.40%

411.33

98.60%

8131.73

223.60% 261.80% 276.40% 285.40% 361.80%

7183.25 8394.44 8857.36 9142.72 11565.11

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

TRIANGLES

IMPULSIVE WAVES 1

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

NOTES ON USING THE HARMONIC ELLIOTT WAVE RELATIONSHIPS SPREADSHEET

This is the spreadsheet I use on a daily basis. It's primary intention is to enable swift checks on individual movements and to identify high risk target areas implied by related waves.The input boxes are shaded in light green. Above each wave (in red) are the percentage retracements or projections for the input values. This may be used to check an entire 5-wavemove to check that ratios are consistent with harmonic waves. When initially checking these for (say) Wave (iii) projections it is possible to view both Wave (iii) projections with Wave (c) projections to identify the high risk areas where the Wave (iii) will stall. Similarly this may be done for Wave (v) also.Below each impulsive wave section is a section for calculating ABC relationships. For example, when looking for a Wave (i) the first check is for the relationship between Wave (c) and Wave (a). At the very bottom of each worksheet is a section for triangles.

Please feel free to change the tab labels and number of decimal points according to the markets you trade.

IMPULSIVE WAVES 1 Wave (iii)

Primary 33.33% 185.33% 50.36% 32.28% 40.26%

Start Wave (i) Wave (ii) Wave (iii) Wave (iv) Wave (v) Wave (a) Wave (b)

85.38 84.63 84.88 83.49 84.19 83.58 84.11 84.42

Wave (ii) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 84.70 84.74 84.81 84.88 84.92 84.94 85.01 85.07

Wave (iii) 161.80% 166.70% 176.40% 185.40% 190.20% 194.40% 223.60% 261.80%

Projections 83.67 83.63 83.56 83.49 83.45 83.42 83.20 82.92

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 83.83 83.76 83.69 83.65 83.61 83.58 83.54 83.47

Wave (iv) 9.02% 14.60% 23.60% 33.30% 38.20% 41.40% 50.00% 58.60%

Retracements 83.62 83.69 83.82 83.95 84.02 84.07 84.19 84.30

Wave (v) 50.00% 58.60% 61.80% 66.70% 76.40% 85.40% 95.40% 100.00%

Projections 83.25 83.08 83.02 82.93 82.75 82.58 82.39 82.30

Wave (c) 76.40% 85.40% 95.40% 100.00% 105.60% 109.20% 114.60% 123.60%

Projections 84.69 84.70 84.71 84.71 84.71 84.72 84.72 84.73

ABC WAVES Trend end 82.86

Wave A 85.92 9.02% 14.60% 23.60% 33.30% 38.20% 41.40%

81.70% Wave B 83.42 85.64 85.47 85.20 84.90 84.75 84.65

76.40% 85.40% 95.40% 100.00% 105.60% 109.20%

114.71% Wave C 86.93 85.76 86.03 86.34 86.48 86.65 86.76

5.60% 14.60% 23.60% 33.30% 38.20% 41.40%

33.33% Wave efb 81.84 82.69 82.41 82.14 81.84 81.69 81.59

For a greater understanding of the Harmonic Elliott Wave Structure please feel free to register for an online webinar on http://www.harmonic-ewave.com/Services.html

NOTES ON USING THE HARMONIC ELLIOTT WAVE RELATIONSHIPS SPREADSHEET

This is the spreadsheet I use on a daily basis. It's primary intention is to enable swift checks on individual movements and to identify high risk target areas implied by related waves.The input boxes are shaded in light green. Above each wave (in red) are the percentage retracements or projections for the input values. This may be used to check an entire 5-wavemove to check that ratios are consistent with harmonic waves. When initially checking these for (say) Wave (iii) projections it is possible to view both Wave (iii) projections with Wave (c) projections to identify the high risk areas where the Wave (iii) will stall. Similarly this may be done for Wave (v) also.Below each impulsive wave section is a section for calculating ABC relationships. For example, when looking for a Wave (i) the first check is for the relationship between Wave (c) and Wave (a).

Please feel free to change the tab labels and number of decimal points according to the markets you trade.

Wave (iii) Wave (v)

123.38% -450.00% -450.00%

Wave (c) Wave (a) Wave (b) Wave (c)

83.47 84.27 84.63 84.27

61.80% 66.66% 76.40% 85.40% 90.02% 95.40% 98.60%

85.09 85.13 85.20 85.27 85.31 85.35 85.37

276.40% 285.40% 290.00% 294.40% 298.60% 361.80% 376.40% 385.60% 423.60%

82.81 82.74 82.71 82.67 82.64 82.17 82.06 81.99 81.70

138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60% 261.80% 276.40%

83.36 83.17 83.14 83.06 82.99 82.92 82.70 82.40 82.29

61.80% 66.70%

84.35 84.42

105.60% 109.20%

82.19 82.13

138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60% 261.80% 276.40%

84.74 84.76 84.76 84.77 84.78 84.79 84.81 84.84 84.85

50.00% 58.60% 61.80% 66.66% 76.40% 85.40% 90.02% 95.40% 98.60%

84.39 84.13 84.03 83.88 83.58 83.31 83.17 83.00 82.90

114.60% 123.60% 138.20% 161.80% 166.70% 176.40% 185.40% 195.40% 223.60%

86.93 87.20 87.65 88.37 88.52 88.82 89.09 89.40 90.26

50.00%

81.33

IMPULSIVE WAVES 2

IMPULSIVE WAVES 3

TRIANGLES

For a greater understanding of the Harmonic Elliott Wave Structure please feel free to register for an online webinar on http://www.harmonic-ewave.com/Services.html

261.80% 276.40% 285.40% 361.80%

91.43 91.88 92.15 94.49

1 2 3 4 5 6 7

0

1

1 100.0000%

2 50.0000% 50.0000%

3 66.6667% 33.3333% 33.3333%

5 60.0000% 40.0000% 20.0000% 20.0000%

8 62.5000% 37.5000% 25.0000% 12.5000% 12.5000%

13 61.5385% 38.4615% 23.0769% 15.3846% 7.6923% 7.6923%

21 61.9048% 38.0952% 23.8095% 14.2857% 9.5238% 4.7619%

34 61.7647% 38.2353% 23.5294% 14.7059% 8.8235% 5.8824%

55 61.8182% 38.1818% 23.6364% 14.5455% 9.0909% 5.4545%

89 61.7978% 38.2022% 23.5955% 14.6067% 8.9888% 5.6180%

144 61.8056% 38.1944% 23.6111% 14.5833% 9.0278% 5.5556%

233 61.8026% 38.1974% 23.6052% 14.5923% 9.0129% 5.5794%

377 61.8037% 38.1963% 23.6074% 14.5889% 9.0186% 5.5703%

610 61.8033% 38.1967% 23.6066% 14.5902% 9.0164% 5.5738%

987 61.8034% 38.1966% 23.6069% 14.5897% 9.0172% 5.5724%

1,597 61.8034% 38.1966% 23.6068% 14.5899% 9.0169% 5.5729%

2,584 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

4,181 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

6,765 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

10,946 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

17,711 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

28,657 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

46,368 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

75,025 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

121,393 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

196,418 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

317,811 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

514,229 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

832,040 61.8034% 38.1966% 23.6068% 14.5898% 9.0170% 5.5728%

100.00% 38.20% 61.80% 76.39% 85.41% 90.98% 94.43%

1 2 3 4 5 6

0

1

1 100.0000%

2 200.0000% 200.0000%

3 150.0000% 300.0000% 300.0000%

5 166.6667% 250.0000% 500.0000% 500.0000%

8 160.0000% 266.6667% 400.0000% 800.0000% 800.0000%

13 162.5000% 260.0000% 433.3333% 650.0000% 1300.0000% 1300.0000%

21 161.5385% 262.5000% 420.0000% 700.0000% 1050.0000% 2100.0000%

34 161.9048% 261.5385% 425.0000% 680.0000% 1133.3333% 1700.0000%

55 161.7647% 261.9048% 423.0769% 687.5000% 1100.0000% 1833.3333%

89 161.8182% 261.7647% 423.8095% 684.6154% 1112.5000% 1780.0000%

144 161.7978% 261.8182% 423.5294% 685.7143% 1107.6923% 1800.0000%

233 161.8056% 261.7978% 423.6364% 685.2941% 1109.5238% 1792.3077%

377 161.8026% 261.8056% 423.5955% 685.4545% 1108.8235% 1795.2381%

610 161.8037% 261.8026% 423.6111% 685.3933% 1109.0909% 1794.1176%

987 161.8033% 261.8037% 423.6052% 685.4167% 1108.9888% 1794.5455%

1,597 161.8034% 261.8033% 423.6074% 685.4077% 1109.0278% 1794.3820%

2,584 161.8034% 261.8034% 423.6066% 685.4111% 1109.0129% 1794.4444%

4,181 161.8034% 261.8034% 423.6069% 685.4098% 1109.0186% 1794.4206%

6,765 161.8034% 261.8034% 423.6068% 685.4103% 1109.0164% 1794.4297%

10,946 161.8034% 261.8034% 423.6068% 685.4101% 1109.0172% 1794.4262%

17,711 161.8034% 261.8034% 423.6068% 685.4102% 1109.0169% 1794.4276%

28,657 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4271%

46,368 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

75,025 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

121,393 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

196,418 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

317,811 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

514,229 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

832,040 161.8034% 261.8034% 423.6068% 685.4102% 1109.0170% 1794.4272%

100.00% 61.80% 161.80% 323.61% 585.41% 1009.02% 1694.43%