My take on the current price movement. The first fib levels represent the extension of Wave (A) to estimate levels for Wave (C). The second scale represents the extension of Wave 1 of C to estimate the levels for Wave 5 of C. It's possible that Wave (C) will be topping near the $273 mark as the 1.618 extension of Wave (A), assuming my count is valid.
Thanks for reviving this thread
Q: How is this pattern different from a similar pattern in June/july?
recall
The pattern is slightly different but similar overall. We are looking at corrective patterns in both cases.