We will be stepping on the gas to the downside when price breaks down through its Fibonacci Reversal Window(s). These windows have been effective in previous retracements, using them to time new put entries and add-on positions with great success. Each day that does not break down brings the market one day closer to the day it DOES break down. Only a price break out of the top-right of the shaded rectangles changes this forecast. The next leg down should be the largest and most volatile of the year, along with the most profitable. Expect aggressive recommendations...on the go.
