Billt5, The Fib set is for the Major run up and to me looks the most likely fit and seems its what the chart is using..imo You can try the 5.6/12 but you are only measuring that move so a minor fib which may provide a short term point don't forget there are others in from the major move still making up their minds..thats why the major fib is in play..imo Mattryanshares the 30d ma (Yellow)crossing the 50d ma (Blue) is not good at all the daily inds are still coming off so if you look for a bounce point look to the 3 arrows Black Purple or Blue they are the most likely spots for it to occur.. I hope that makes more sense for you. Cheers Pete
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