Update: 02/02/2015 Price moved pretty much as expected, after a gap down to show heavy selling remained in this market, price reversed to a bullish sentiment. But price did not drop as much as I thought it may, Pitchfork deviations held price action very well, better than expected so ideal entries were not filled. Note price did react to time barrier of Fib Time extension.
Pitchfork 2.0 deviation offered nice support for the current candle which expires quite soon, 40 mnutes. Price has been contained by the breakout deviation of 1.239 on the topside (green line) and the 2.0 below (blue line) . A close above the 1.618 (yellow line) should prove to be bulllish and the targets are in play.