The correction is taking shape here and I believe we are close to finishing the 3 wave down if not already. My current count on small time frame is looking for one more lower low into 4 hour divergence on RSI. Then we start the larger 4 wave before making a final low running into the .618 and the long term trend line of this new bull market.
Comment:
Keep an eye for wedging action into the .618 and a break of the downtrend line.