ONE44 61.8% rule, Whenever the market holds 61.8% of a move, look for it to go 61.8% of where it just came from. This usually happens when a market is directionless, or in a consolidation period.

The long term target area is 78.6% of the same move at 1006.00 and the 1000.00 major Gann square. Another level of support is 61.8% at 1022.00. The setback from the 1071.00 (78.6%) swing point took it ...