IBOVESPA: fourth Elliot wave? or simply a small correction?

This graphic is showcasing amazing Price Action, with Fibonacci extensions reaching its target almost perfectly; possible trendline that, if respected, would lead to a 61.8% correction from the third Elliott wave movement; and much more. I will probably update the rest of the info after I get some sleep.

Macroeconomics tells me it will go down, but who am I? :D
I guess price will tell us tomorrow.