Again I rounded the numbers from the program to the closest futures
price available and came up with a cluster zone at the 806.60–807.10 area.
The actual low was made at 806.90. The initial rally from the two-step
pattern low lasted 14.10 points. Also note that this two-step example is not
as symmetrical as some of the other examples you may see develop in the
markets. The swings from point b to point c and from point d to point e are
rather short in time compared to the swing from point c to point d.
Generally these swings are a bit more similar in time.
(As long as you can see the zigzag and the price relationships overlap
to create the cluster, however, it is good enough for a trade setup in my
book!)