S&P -2997.43 ????? Fibo apparently says yes.

Considering Fibo, 2997.43 is at the fibo level 361.8%, starting at 666.79 (lower level of the subprime in the S & P)
Still considering Fibo, 2667.16 (666.79 x 4) is at the fibo level of 61.8%, starting at 2997.43.
We can consider that the zigzag A-B-C starts at 2997.43, and ends at 2667.16???
The fourth wave obtained its minimum in the fibo level 161.8%.

Feasible?