THE REASON I PUT THE RETRACEMENT UNTIL 61.8 IS BECAUSE 78.6 IS NOT SO VALID IN A FIB LEVEL. THE 61.8 ACT AS THE 38.2 AND IF IT HITS , IT WILL FIND TP 1 161.8 AND BEYOND. IF IT BOUNCE BACK TOMMOROW AS REJECTION THIS ANALYSIS IS INVALID AND IT WILL GO ALL THE WAY DOWN.