NOTE: W2 is a Fib retrace of W1; W3 is a ratio of W1 and W2.

f=
0

1
4259.000 3026.000
1
2
3026.000 3480.000

1233
W2
454

3
3480.000 2251.000

2251.000

1 + f * W1
3497.01
W3
1229

retracement for 3
Dn target for W3
retracement for 3
Dn target for W3
3

Retracement Ratios
0.500
0.618

W1

retracement for 2
Up target for W2
2

0.382

3642.50

3787.99

NOTE: W2 is a Fib retrace of W1; W3 is a ratio of W1 and W2.

f=
0

1
09/01/00 10/13/00
1
2
10/13/00 11/06/00

42
W2
24

3
11/06/00 01/03/01

01/03/01

1 + f * W1
11/03/00
W3
58

retracement for 3
target for W3
retracement for 3
target for W3
3

Retracement Ratios
0.618

W1

retracement for 2
target for W 2
2

0.500

11/07/00

NOTE: W4 is a retracement of W2, W3, and W1-3.

Ignore any number higher than W1.

Retracement Ratios
f=
0.236
0.382
0.618

1.000

1
4259.00

3026.000

W1

3480.000

W2

3480.00

2251.000

w3

2251.00

2892.000

1229.00
W1-3
2008.00

2
3026.00

1233.00

454.00

3
retracement for 4
Up target for W4
retracement for 4
Up target for W4
retracement for 4
Up target for W4
4
2892.00

3 + f * W3
2720.48
3 + f * W1-3
2724.89

3018.06

3010.52
3 + f * W2
2531.57
3491.94

2705.00

Ratios
NOTE: W4 is a ratio of W2, W3, and W1-3.
f=
0

Retracement Ratios
0.382
0.500

1.00

1.618

03/02/01
3 + f * W2
01/27/01

02/10/01

1
09/01/00

10/13/00

W1

11/06/00

W2

11/06/00

01/03/01

w3

01/03/01

01/24/01

W1-3

2
10/13/00

42.00

24.00

58.00
retracement for 4
target for W4
retracement for 4
target for W4
retracement for 4
target for W4

4
01/24/01

124.00

3 + f * W3
02/01/01
3 + f * W1-3
02/19/01

03/06/01

05/07/01

Note: W5 is a ratio of W2, W3, W4, and W1-3

1
4259.000 3026.000
1
2
3026.000 3480.000
2
3
3480.000 2251.000
3
4
2251.000 2892.000
4
2892.000

Ignore any number above W3

Retracement Ratios
f=
0.382
0.618

1.000

1.270

W1
1233.000
W2
454.000
W3
1229.000
W4
641.000
W1-3
2008.000
retracement for 5
Dn target for W5
retracement for 5
Dn target for W5
retracement for 5
Dn target for W5
retracement for 5

4 - f * W1
2130.01
4 - f * (W1-W3)
2124.94

1659.00

1651.06
4-f*W4

1.618

Note: W5 is a ratio of W2, W3, W4, and W1-3

f=
0

1
09/01/00

1
10/13/00

01/03/01

01/03/01

03/07/01

58
W4

01/24/01

21

5
01/24/01

4 + f * W1
02/18/01

24
W3

1.270

42

11/06/00

11/06/00

1.000

W2

0.618

W1
10/13/00

Retracement Ratios
0.382

W1-3
04/04/01

124
retracement for 5
target for W5
retracement for 5
target for W5
retracement for 5
target for W5
retracement for 5

W5
4 + f * (W1-W3)
03/12/01

04/10/01
4+f*W4

1.618