So I recently looked at this and it's quite clear from inception it has completed a 5 wave move and is in the process of a major correction - Our correction has evolved from ABC nature to 5 wave impulsive and we can clearly see 5 waves down - Also we have confirmation that wave 5 has topped as our 2-4 trend line has been busted - going forward there could still be some more downside here but what I believe is that we're near the end of this correction - I have marked our wave 4 low as typically corrections will target the previous wave 4 but I'm not too sure we get to $33~ - we have also broken our 0.5 fib retrace of the whole move and wave 2s typically target 0.5-.618 retrace.