I just thought I would publish this one for the benefit of wider audience review.
A while back I was playing with the fibtime tool and it seemed to not only generate a lot of interest, but was extremely accurate. Of note is that highs and lows are consistently occurring at each fib time band. Notice also that our most recent low (as of today) was almost smack in the middle. What this implies is that we've not hit our lowest low for this time frame, or (if you're a perma-bull) we're going to see a structure high...like in the next few hours. Good luck with that bulls.
EDIT: We actually did see a higher-high... although very fleeting. Thanks for making me an asshole bulls.
There are probably much better explanations out there, but... there you have it :)