3.4.2009 Interesting Fib Look

At Brian Shannon's AlphaTrends blog, he has an image of the Dow fib levels since the 1932 lows. Interestingly enough, the 61.8% retracement coincides with the general area of the geometric range I have on the S&P.

Here is the chart on Brian's blog.

Here is the chart I have for the S&P (also posted below).

Interesting, at least to me.