The big question now is: is the 4th wave already in? That is difficult to assess, since the current bounce didn't stop at a specific Fib level and the structure of the waves is not very straight forward (which is normal considering a 4th wave). So far on the hourly it looks like a double 3, but it could subdivide again into a triple 3, albeit those are rare.
Time will tell, but I for one hope for another bounce to test better the "classic" Fib retracements. Perfect world would be a bounce to where the 61,8% retrace meets the lower sloping blue . It doesn't mean we'll get there, but if we do, that would be a fantastic short, in my opinion.
In this period of uncertainty, I find it useful to try to integrate also other approaches, besides , in order to gain more clarity. The guys at mcm are doing a fantastic job with the statistical projections. I found the one on the dax especially insightful. Check out this article and the dax projection: