The current market action has ruled out our yesterday’s assessment of a five-wave move. The price has now also fallen below 82,500, so there are still two possible scenarios from here. As shown on the chart, 82,200–81,800 is the bulls’ last line of defense. If this level breaks, there is a high probability of a move below 80,000, or even to 74,000. Conversely, if it holds, there is still a chance of a Wave 3 of 3. It is also worth noting that all the corrections from the high have been internal three-wave ABC corrections, whether in the first or second decline. So I am still subjectively bullish, and our copy-trading positions are still being held while we wait a little longer.