Soon, we'll be able to see if micro wave 2 is complete by breaking 19,975ish levels. If this is broken, we can assume we are on micro wave 3 of primary wave 5. The fib retracement is of primary wave 3, which shows a perfect 61.8% retracement for primary wave 4, which lead to the current wave 5.
This is not trading advice. I am a beginner and would like to hear back from experienced individuals on this idea.