Today played out as expected and we completed minor wave 3 and 4 possibly. We might be in minor wave 5 down which seem to be sub-dividing. Overall the larger wave 3 down should take us to 17100 and below, depending on whether and how much it extends. Today was a 250 points large down move so we might also get a sideways day tomorrow, but we should see 17100 and lower levels pretty soon this week, if not tomorrow.