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David,
The trick is to use the early pivots to get a target for
w5. Here's a completed example of the Dow utilities. See how all the
swings line up with fib levels? So when you are partially done try to find
an end point where the internal fib relationships will line up nicely.
Doesn't always work as pretty as the attached, but a good roadmap,
nonetheless.
Some day I want to name a dog after Fibonacci.
Take care,
Chris
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