In an impulse phase, over 90% of the gains are typically realized in less than 5% of the time, while the remaining time is spent moving sideways or consolidating for the next upward move.
At present, we are still in an impulse phase and are currently consolidating to gather momentum for the next leg up. It's important to maintain perspective as we've already seen a 100% increase from the lows despite a 4% dip.