this seems to be fourth wave, as per eliot wave theory, should we expect fifth wave down, prior to uprise from these levels?
i could see it as third as level, since third is tiny confirmed with breakout, but until new year, according to period of waves, we should be on green waves to high levels...
It is interesting what actually you are considering as a wave but I know that the market is cycling all the times so we should expect the growth after the fall. And it's the only thing that gives me hope.