FALL WAS NO SURPRISE FOR ELLIOTT WAVERS . BLUE TEND CHANNEL - JOIN WAVE 2 AND 4 AND DRAW A PARALLEL TO THE TOP OF WAVE 1 . THIS IS SOP WHEN WAVE 3 HAS GONE TOO FAR. SEE HOW THE PRICE ACTION FITS IN THE CHANNEL PERFECTLY . SEE THE FIB RET OF 50 REACHES WAVE 4 OF 2 PREVIOUS DEGREES, A CONTRACTING ENDING DIAGONAL AS WAVE 5 OF 3 COMPOUNDED THE VIOLENCE OF THE MOVE .