For now, we are still correcting in wave 4 and we have some sort of a flat wave structure. The correction is not complete yet - expect another leg down to C, wave C = 100% of wave A
And we're in an that is sort of a . Another reason to go short.
Another 0.618 predicts a down move to at least 0.618 of CD (10575) (B breached, D triggered -> move to C is anticipated)
We are also oversold on M15 and there's a divergence on M5 all predicting a possible move down.
Please don't trade based only on my analysis. This is not a financial advice, I'm not responsible for possible losses.