Cloning the trends

The trend on the left was cloned on the right to see what a possible retracement might look like. If there is no major catalyst until November, retracement could pull back as far as .68 which used to be a blastoff area when we were consolidating in the 40s and 50s range. .62 was a breakout and .68 was a blue skies breakout which both were broken in the March into April run.