Just some observations, nothing else.
Blue dot 1 - joint between trend line from 2009 and 0.236 Fib level.
Blue dot 2 - joint between lower bound of price channel from 1997 and 0.618 Fib level.
Red dots are historic price reference that sit on different fib levels. Maybe market is not that random after all. Who could have thought green dots from 1997 and 1998 had determined 2007 market top and possibly 2014 market top.
Blue dot 1 - joint between trend line from 2009 and 0.236 Fib level.
Blue dot 2 - joint between lower bound of price channel from 1997 and 0.618 Fib level.
Red dots are historic price reference that sit on different fib levels. Maybe market is not that random after all. Who could have thought green dots from 1997 and 1998 had determined 2007 market top and possibly 2014 market top.