If this correction is not done, this is the road down to the $40 area,I personally dont think its over but time will tell, all the fib extensions measure out perfectly here, the Wave 3 Extension is right on the 161.8%. That tells me we have a wave 5 to finish the 3 to the larger degree(green box) and then 5 (yellow box). But if this is an ABC, we just have to finish the 5th and will end somewhere in the green box, which should complete the correction for now, either way I think we have at least one more leg down