Currently looking at a correction upwards to the 1200.00 area. After this another move down. Believe we are in a complex correction downwards. Looking for a large "B" wave down (Not complete yet) Many oppurtunities for taking some Pips. Once the "A" wave is complete we should see a major retracement for the "B" wave followed by more to the downside.' Many similarities with this leg and the first wave down from the top.