The red arrows below show hesitation in markets; short-term reversals followed to the downside. Similarly, EWG reversed in a bullish manner soon after the green arrow. Today’s candlestick tells us to be open to additional weakness.
Given what we know today, a multi-day pullback would offer an excellent entry point for buyers. It depends on if and how we come down, but even new lows would most likely represent a buying opportunity, not an acceleration of bearish trends.