In order for this condition to stay intact, price needs to stay above the major trend support of 2188. That is a .382 measuring from the bottom of wave 3. As long as we stay above that, it is reasonable to expect continued upward momentum. If price closes below, that will signal a more complex wave 4, or further consolidation to come.
At the moment, the key that needs to be cleared is 2645 to 2790 area. It is a broad resistance, but if price closes beyond this range, then it would confirm for me that wave 5 is in progress.
An area that I would consider for a reversal on a smaller time frame is the 2420 area. it offers a lower risk entry in my opinion because it is a . of the minor swing that we are at the peak of currently. If a trade setup appears and is taken, some targets to consider are 2818 (T1) and 3070 (T2).
In conclusion, there are more signs of strength than weakness in this market, despite being in a corrective wave pattern. It is possible that price may not retrace back to my ideal support, find support sooner and continue higher. Keep in mind there are plenty of minor supports and levels on the smaller time frames than can provide earlier entry prices and risk metrics, I just wanted to begin with a broader view of this market for now. Let's see where it goes from here.