The recent sell off appears to be impulsive looking, so I suspect its part of a larger impulse wave, from what I can count I think it nest counts as the end to a 3rd wave of a 5 wave decline, so a bounce for wave 4, followed by new lows as shown is the favored move over the next few weeks.

There is a substantial weekly support around the 14.00 area, that woudl be a good area to fin buyers to push it higher for wave 4 towards 18.00 – 20.00.