PLS chart, page-5022

Hi Folks

I thought I would revisit my last chart update and add in additional FIB information concerning each Distgap1-2-3.

What I found was surprising.

Distgap1 (purple) at the week 17 Jan peaked at 1.465 using FIB's 0.125 - 1.465 , next retraced 44% down to 0.86 , notice that the next rise to Distgap2 peaking at 2.43 was over a 61.6% extention on the FIB's 0.125 - 1.465. Remarkable.

Distgap2 (red) at the week 8 AUG peaked at 2.46 using FIB's 0.86 - 2.46 we retraced 40% down to 1.78, then notice that the next rise to Distgap3 peaking at 3.81 that was an 78.6% extention using the FIB's 0.86 - 2.46 , again remarkable.

Is it a coincidence that both Distgap 1 and 2 retraced 40% then had an extention to over 61.6%.

Distgap3 (green) at week the week 9 Jan peaked at 3.81 using FIB's 1.78 - 3.81 we have so far had a 40% retrace down to 3.04 maybe in the coming weeks it may go lower especially if the US markets have a weak Feb . That gap at 2.98 - 3.30 may indeed be filled. Who knows?

In my second chart I show the FIB 1.78 - 3.81 extensions that may be possible to reach Distgap4 and a repeat f a 61.6% extention get us to 5.10.

That could be possible because of a series of successful BMX auctions.

You have to admit that chart is surprising.

Just the way I deal with the charts so that I am not surprised by what plays out , As always DYOR

cheers Lies