- Wave C (correction) retraced more than 123.6% but not more than 161.8% leaving a limit @1660 after which the Bull market Cycle resumed. - Daily candle closed above 1700 so we have higher chances of Upside (market psychology) - Fib ext. showed that Buyers appeared 123.6% 1676 and 100.0% @1685 - Fib ext. also shows that strong Sellers will be seen between 1768-1785 area - See link to related ideas