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9.6c is the 262% extension from the previous retrace. In a bull...

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    9.6c is the 262% extension from the previous retrace. In a bull run, these 161%, 262% and 424% extensions come in to play a hell of a lot. They act as resistance/support and/or breather/consolidation areas before another move. Watch and note them if this takes off. 4.65c, 6.85c, and 9.6c. Dont know where the 424% extension is as have not mapped it.... unlikely to get there short term (3-6 Month's).


 
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