We've had a large down, i seem to have identified it as a bearish Elliot
with a 5th wave extension, I'm expecting an upwards correction, in blue I have highlighted the correction I'm expecting if the downtrend is to resume. And in purple I've highlighted my expectation for a possible recovery of the short term down trend.
This my my own amature interpretation of the technical analysis
, I might be wrong, I might be right. Time will tell.
Trade according to your own strategy.