A Beautiful Avalanche of Wave Balance at the Close

I don’t think I’ve seen this much wave balance at one spot before (though I don’t always look for it as carefully as I am here because of the degree of structure I think is finishing). I will share some of the findings here.

The standard stuff you’ve seen before, and this all looks good:

Orange C is 78.6% the length of Orange A; internal to that wave, Green C = 1.318 times the length of Green A; and internal to that, Blue c = 1.618 times the length of Blue a:

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Oh wait, but there’s more. This is a little trickier to share visually (video would be better), but if we take the whole height of Pink A, like this:

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You see how I used the fib retracement tool to capture the height of pink A? If we drag that as is (i.e., don’t expand or contract it, just move it with it in its present extension), the height of the rally from the June low to today, is exactly 50% of Pink A (green arrow):

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A nice balance there.

And if we take the entire drop from April into May, we’ve retraced 23.6% of that today (green arrow again):

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Furthermore, if Pink B is done, it should bear some internal relationships with Pink A.

If we take the actual height of Pink B (the distance in height from where it starts and finishes—the two green arrows), and drag that extension to the beginning of Pink A up there at the top, we see that Pink A is exactly 5.618 times the length of pink B.

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If we measure the height of Orange C of Pink B (green arrows) and measure that against the height of Orange C of Pink A (red arrow), then we see that Orange C of Pink A is exactly 2.618 times the length of Orange C of Pink B.

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Similarly, if we measure the height of Orange A of Pink B (green arrows) and measure that against the height of Orange A of Pink A (red arrow), then we see that Orange A of Pink A is exactly 78.6% the length of Orange A of Pink B:

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And on and on, creepy. If we measure the height of Orange A of Pink B (green arrows) and compare that to the height of Orange C of Pink A (red arrow), we see that Orange C of Pink A is twice the length of Orange A of Pink B.

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And there are others, but you get the point. There is elegance to the structure as it stands. So, if we stop here, it’s weirdly beautiful and creepy and none of us truly knows for sure why fibonacci numbers can be found so frequently in nature, but here they are. And we get to enjoy seeing them emerge from time to time like this.

This doesn’t mean there won’t be new relationships, but, if we do turn here, we can justify it with a surprising amount of balance. There are other relationships in here, too, but I won’t bore you to death will all of them.

Let’s see what happens. Have a nice night.


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