Here you have the weekly chart as well, which also shows wave
1 up and, still in progress, wave
2 down. Wave 2s typically retrace wave one by 50 - 62%, however can extend to reach up to 100%, but can not go below the start of wave 1. That's unless the wave count is proven wrong. So like shown in my daily chart the possible Fib levels with
? become quite important for SP to find support. In wave
2 down the volumes, compared to wave
1 up, have been below average, which using the Heikin Ashi chart is indicating some, but could be initiated by traders jumping back in after gaps closed only to get court on the way down.
Heiken Ashi chart:
(20min delay)