Zoom will bounce and continue on down! This is what I think will happen with zoom over the next few weeks.
We will continue to bounce from here and potentially hit my identified reversal zone.
Look at my blue and yellow fibs there for confluence.
My purple fibs are my elliott wave projection fibs which are currently estimating A=C. wave C could easily head to the purple 1.618, at which point we would keep an eye out for them heading to the next support zone.
**(I am not sure why Trading view squeezes my chartwork together after I submit it as a public post, but you may have to decompress the x axis to get a better visual)**