If it follows the past 2 cycles we will move down till Monday or Tuesday. We saw 2 down cycles recently. Each was a 6 day downward trend followed by an up cycle for a 2 - 3 day run.  One from Feb 24th - Mar 4th and one Mar 7th - Mar 14th.  Each of them also started with a Day 1 opening spike up.  We may be on Day 2 of the next similar cycle.  What is nice to see about these cycles is that it is settling at a higher low from the previous cycle and the percentage of decline to the bottom is much less.