DAX nice turn to the downside but is the pullback already over?

As analysed I am expecting the Equity Markets to be in a bigger bearish correction which should bring us lower. However as analysed this move should be in 5 Waves and first we will have a pullback of wave 1. This pullback seems to be finished but is it? Because it would make more sense to see a 3 wave structure ABC to the upside therefore as long as we dont make new lows I prefere that we still see a corrective c wave to the upside before the indices resume the bigger move to the downside.