Is the retrace over already? 

If you want my advice, this retrace will not be over for many hours if not days, and even forever.
Today was an exercise in picking bottoms for longs. not a good day for opening shorts.
Dr. Ly, if you ask me, ask chessnut about that tomorrow. You might get completely different answer

Though I almost agree with him. WOn't give any bold statements and it might go down from here again but I can smell trend reversal coming soon. I don't see lot of interest of selling under 500$.