The current decline is the third wave of the drop starting from 76, with two possibilities: 1. a retracement of the rise from 60 to 76; 2. a new decline continuing the drop from 98 to 60. The key point is at 63,400: 1. this level is the 0.786 retracement of the 60-76 upward move, and also the 1:1 ratio of the decline from 76 to 67,332.