On my previously published fib fans, I was unaware that as you changed time frames, the placement of the fans became inaccurate. So this chart is worked solely from a 1H point of view and reflects both the Bear and Bull markets of 2016 as well as the new Bull market of 2017. I had to remove the prior 2015 trend due to the inaccuracies.
What will happen at the .25 fib? Will we confirm the new Bull Market? I'm not sure but i'm confident we will find out. If I were to take a guess, I would say up. Of course, my chart skills are still fresh and I most likely have it all wrong.