We have made a down leg to meet the bull trend line, breaking it, then climbing back over it. The correction has now reached roughly 90% of the move down, also meeting resistance at a local trendline across the recent highs. I'm overall bearish, and will be looking to close my short around the the daily support area marked on the chart, after that level is reached I will wait to see what conditions develop, as I do expect a bounce from the daily support. Note: The daily pivot also marked. If we manage to hold above that forming a bottom, then conditions would turn quite bullish, however not my 1st probable scenario. Follow me on Twitter @ spytrader88, and Good Trading