Instead of up then down before up, we go down then get the up sooner.
Notice his chart showed a corrective move heading up, implying that more down would come after. However, as we see, it is just going down now, and since this whole movement off $5xx is more of the corrective nature, there should be more up once this finishes. Of course this can all change if we get enough down to make larger moves out of it, but it doesn't seem to be the case yet. For now, I'll say to be happy if we find good support at/above $300 and begin to move up from there in an impulsive fashion