FWIW,
The long term Fibs for the Dow since 1999, tested that low in the shorter term Fibs from March 6, 2009.
Here are both.
Long term Fibs for Dow, since 1999
26,616.71 - high
6,469.95 - low
23.6 = 21,862.07
38.2 = 18,920.65
50.0 = 16,543.33
61.8 = 14,166.01
76.4 = 11,224.59
100 = 6,469.95
Long term Fibs for Dow, since March 6, 2009
26,616.71 - high
6,626.93 - low
23.6 = 4,717.59 loss = 21,899.12
38.2 = 7,636.10 loss = 18,980.61
50.0 = 9,994.89 loss = 16,621.82
61.8 = 12,4353.68 loss = 14,,263.26
76.4 = 15,272.19 loss = 11,344.51
100 = 6,626.93
these posts are not intended to be a buy or a sell recomendation always do your own dd.