From what I can see and in my opinion if it keeps following the red aggresive trend line and closes below 36.5K it will probably keep going down to 34-35K before getting a bounce. Probably a bounce back to 37K. In any case it is quite risky to go long at this point.
So for its playing perfectly with the Elliot wave theory.
Currently at wave 4 forming the Elliot traingle correction wave (e) with 4H Bearish divergence
