A high was made at the low end of this two-step cluster, and we did
start to see a bit of a decline. Figure 8-13, however, illustrates that the pattern
never fully played out. After a bit more than a .618 retracement back
to the low at 823.60, the rally resumed, rather than heading for the typical
downside target at the 822.84 area, which was the 1.272 extension of point
b to point e. (Points b and e are illustrated in Figure 8-12.)