rio- remmy, astoria, christianp,madmacs

Hi guys gals , Can anyone of u or anyone else see major support for rio around 38 bucks ?
Being a full 61.8 retrace ?

So now to be creative .
Rio just went down from 48.30 - 41.25 = 7.15 in 30 days .
The last swing high 3 days ago was at 45.18 so is it just coincedence if u deduct 7.15 from 45.18 u get 38 bucks ?
Maybe interesting to see where it ends in 30 days me thinks .

To add to the confusion the major swing low last year was on 29/4 and so far major swing low was on 29/4/05 at 41.25 .

ummmmmmmmm