ARTICLE SYNOPSIS ...Calculating retracements by Hal Swanson The following forecasting method is an approach to charting price retracement in stocks, commodities, indices or any free market. It is a study of momentum, an evolution somewhere between Gann and Elliott Wave, that allows traders to project an ideal price correction in both price and time. In my approach, a price move of any proportion will attempt to retrace itself by 50% to 61.8% of the initial price move. This retracement first occurs at twice the original momentum, or even greater, and then completes the price correction with the same momentum as ...