Two months of regullar corretions

In last two months we could se nice correction relations in downtrend. Three simmilar corrections before strong swings (green rectangles), and lately two same sized corrections (red squares) - last one has additionaly ended at 23,6% of whole move and 78,6% of last impulse. Some says that todays down movement was cause of Cyprus.. I say that cause of market geometry and overbalance rule.