A price action below 271.00 supports a bearish trend direction. Crossing below 267.00 will trigger further support for the short-sell position. The target price is set at 256.00 (its 38.2% Fibonacci retracement level). The stop-loss is set at 282.00 (just above the full retracement).
A "healthy correction" in the stock market typically refers to a short-term decline in stock prices that is considered normal and even beneficial for the overall health of the market
Now, is it going bullish?