A quicker DIA suggestion

May 5 at....   166.66666.  Too close to a spooky number not to choose it.   It's 2/3, the inverse of the fifth Fib number divided by the fourth Fib number (and hence an early approximation of Phi), and the diatonic "La", so I had to pick it.  Generally, I've been working with Price Time areas but I originally arrived at the time and price target via work with an ending diagonal triangle (EDT) in DJIA a couple weeks ago.  Here's the EDT in DIA that was originally posted in the context of the DJI chart:

There were some convoluted proportions of the 5 internal sub waves, but there wasn't anything particularly compelling to me.  On the other hand, the low of the EDT at point 3 to the low at point 4 is half the distance of the total height of the EDT (the 50% on the retrace tool).  That suggested to me the price proportions were acceptable with the 166.66 projection.

The Price Time area was my primary interest with the EDT having gotten me to a workable approximation.  Here's the big picture:

With the obvious equivalence of time between the two triangles (942 and 942), the areas are a perfect function of price (two price numbers multiplied by the same time constant of 942 days).  That makes it simple but I'll do the work long hand and show the areas of the smaller and larger rectangles as 12,117 and 15,694, respectively. 

The difference in those rectangles or 3,577 is the growth between them, duh.  Now, we can do this two ways; either by finding the growth to be 3,577 / 12,117 being 29.52% or 12,117 divided by 3,577 / 12,177 to find 3.3875.  Let's look at the 3.3875.  Simply, the cubic root of 3.3875 is.....1.502.  Back to the third and fourth Fibonacci numbers or 3 /2  = 1.500.  Cool.  Diatonic "SO".  Cooler. 

But remember when I said there wasn't anything in the internal proportions of the EDT was 'compelling' to me?  I lied.  Look at the waves...even and odd:

The odd waves of EDT have a proportion to the whole of 29.58%.  Rather similar to the proportion of the price growth in the larger rectangle to the smaller rectangle.... 3,577 / 12,117 = 29.52%. 

Spooky.  Err, only spooky if it works, that is.  Something to tell the kids...how do I translate it to Common Core counting?

Jim