The correctional pattern seems to be developing in a regular correction within the ascending . I suspect a breakdown any time within the coming 7 days.
There is good chance this final plunge will be THE final plunge, I believe the previous sell-off could be classified as "panic" category, meaning " despair" has yet to come. after this we might finally see some nice bull run which could last for several months.
be greedy when others are fearful...
I would say from here its time to go a bit down, at least as a corrective move. After that, I think we will resume the downwards pressure as I still believe that the bearmarket isn't over yet.
Sub 220 prices after monday seems reasonable.