1. An expanded flat: This should push prices close to 1310 levels at least before drifting lower sharply towards fresh swing lows.
2. Ending Diagonal: Wave C, within an A-B-C correction can be an structure. If it holds true, prices shall turn lower from current levels through fresh swing lows at 1200
3. If it is a combination a-b-c-X-a-b-c, prices should reverse from current levels and push lower through 1200 levels.
Trading point of view, we are flat now but looking to sell on rallies again.