My daily target of $350 remains unchanged for it is based on both, - the weekly and daily volatility and there are still chances that we will get there in a day or two.
However, there are some signs that before we get there we may well have a decent pull back and here is why.
1). We got rejected at 0.618 retracement of the entire move from all time high of $415 to our recent low of $134, which is typical for the corrective waves "2" and "X";
2). The blurred internal wave structure, as well as a relatively long extension of the last move up, is very typical to corrective waves"B" and "Y";
Based on the assumption that we have completed the major correction (wave II of (III) here is the big picture wave count.
https://ibb.co/jVWNev
And a close up with targets of the pull back in wave (y)
https://ibb.co/h3m5zv
Same thing with Fibonacci retracement levels and dates:
https://ibb.co/gNxTKv
There's still a possibility that we have not completed the wave II of (III) which will be confirmed if the expected pull back goes beyond wave (y) targets.