We blew past the first buy zone I was expecting a potential bounce from and are now potentially playing out my scenario two where retrace 50% of the down move and subsequently drop hard down to the 4500 area. If we break the sell zone overhead then there is a good chance the highs get retested and the prior sell zone gets retested as well. Till then I am expecting a down move since we are in a 50% retrace sell zone.
