An impulse wave over and simple correction happen in REDINGTONELLIOTT WAVE ANALYSIS
An impulse took place and a cycle has completed the 1) wave and the correction of 2) is in the end .
In 2) wave a simple flat correction took place. But my view is that we may expectation is that we may expect a complex correction .
It may raise to 180-190.
If the up move was slow and too long then we can expect a correction wave.
correction wave pattern was already posted and it was linked below, you people can view that chart for more clarification. it an alternative view.