Once I run the retracements, I look and see whether running any price
extensions of the prior swings for possible support makes any sense. In
this example, I ran the extensions from the 13112 low to the 13173 high and
also the extensions from the 13124 low to the 13173 high. The 1.272 and
1.618 extensions of those swings are illustrated in Figure 6-5.