A long corrective wave appears to be over. Corrective waves tend to have many waves that overlap. From an elliot wave perspective, coreective waves are always retraced completely. But what if the corrective way is not over yet? laddering target zones can help keep profits as you go along. The target zones are based on .682, 1.0 and 1.682 extensions of the first wave.
on a side note, a head and shoulders technical pattern appears to be completing too.
Stacking elliot wave, technical patterns and indicators provide decreased risk management