Of course the percentages all depend on where you plot the figures from. I didn't take the numbers and look at a figure on the chart to make it fit. I looked at the chart first and then plot the numbers. Anyway I took it from a 13th June with a 18th July 06 Double Bottom confirmation because those points in themselves were a retest of the earlier 3rd Jan 06 / 20th Jan 06 Double Bottom of 10683. Chart was the Dow Daily.
Yes I know the market was already making higher highs higher lows since its Oct 02 low of 7200 which was the turning point after its collapse from its Jan 2000 high of 11750 . Like I say I only have a casual understanding of the Fibonacci rules, so don't beat me up over it
but I thought the numbers where interesting all the same. the numbers
July 06 10683
Feb 07 12796
Hence the move was 2113 points
From the Feb High of 12796 to yesterdays low of 12089 it was a drop of 707 points = 33% as near as the cat licked it's ****
50% retractment from the Feb high would be 1056 points =11740
66% retractment ......................................1395 points =11400