WILL RETRACEMENT CONTINUE?

It seems that the market is forming a head & shoulder top. 2 left shoulders 21130 & 21008 or averaged shoulder 21130+21008/2=21069. Short position should hold until downward channels being broken. Select Green, blue or red channels as
stop according to how much risk you're going to take.
For timing, I think its still early to say rectracement is finished. Mid point of 45 days cycles is15th or 16th of March.