Its very hard to see which preferable trend for the market today. But I do believed there would be another bullish retracement continuation later to complete wave IV in magenta. At this moment price moving inside the corrective teal triangle and I’m waiting for any breakout either to the upper or lower trendline to determine what is the next preferable trend. Its better to staay out from the market and wait for any major signal for bearish continuation later. Preferable - bullish retracement continuation (probably a triple top).