Major Move down due 29th jan still seems to be on course!My earlier publication using fib fans to predict the dates of major upward or downward moves still seems to be on course, it seems to me market players were trying to poke fun at retail traders yesterday with a tonne of fakeouts/bouncebacks. It makes sense to me that we are facing upward pressure as we were trying to move down too fast, in my experience slower the movement(up or down) the more bars it travels, too much momentum is almost always faced by a reversal(you can probably see volume charts and notice whenever the sell volume is at peak, an upward reversal occurs and vice versa). I'm expecting a downward movement from 33k on 29th Jan.
Note: I'm not making blank statements, this is just my viewpoint according to my analyisis, you could take my advice it may work, it may not, this is only a possibility that I see most likely to occur.
