It depends on the type of impulse and correction naturally. There are time relationships between waves of every pattern in it.
Fairly interesting material, if you want to check it out.
I use time in the way I trade, which is a method I learned from Tim West, a poster here.
I agree we migh have upside btw, since the price action shows we found support at a key level where it had to break down to drop more.
But, we also are below significant resistance so my bet would be sideways for now.
Keep up the nice work.