there are basicly only 2 ways to make sense of it.
first would be that we now first would see an lower degree abc correction down. to then give us another impulse forming a really deep B wave(white) before we start working on the white C wave.
second option would be that the recent downmove was already all the correction and we will now see more upside. after an upcoming correction. In any case.
my plans to go short are gone for the moment anway. i much rather wait for a correction to go long (with the bigger picture uptrend)