Rejected at the 200 Day MA and the 50 Day MA has crossed down through it, so leaving our Wave 4 target as shown from the weekend appears to be the right move now.
We will be watching for support at the yellow trend line next, a reminder that there is also a gap down to $112 as well, the price action could have no issue dipping lower to fill that gap.
I will continue to add between $116 and $112 as before.