$AUS200 ASX200 We might bounce up to 5550

It will be great if on Monday price could go a bit lower so I could open Long position with Target 5550.
Very small position,
Reasons^
Daily cloud is still very bullish and I think we have fallen a bit too much to fast.
Also we crossed the supporting trend line, it was not convincing enough on daily.
Price will need to correct towards 5530-5550 ( or more ? ) to start me thinking about new shorts.