Not quite Mike. The 46.916% retracement is a little bit too big. I would opt for the 44.817% retracement of the range prior to CHD with a 2% increment stop loss. The 2X7 matrix is a converged log, not the 2X6. The dry up on the 3 point p,v convergence should only be used by advanced iceberg traders after quadrupling your account within 2 weeks. The macd 3 point should only be used by beginners with a pointed head... Sorry, I just had to finally say this. I have been reading Jack for quite a while now and I finally understand what he is saying... :eek: