Normal ABC correction should not be this big. Maybe it is no longer a ABC correction, but a 5wave down + abc correction. These make the wave 4 after previous wave 3.
I guess X!NG's "correction is done" means we are in the beginning of Wave 5.
You are right (don't know why I always remember wave 4/5). X!NG said on Feb. 10: 3-3-3-1-4 is over. Now probably 3-3-3-2 is over. we are in 3-3-3-3-1 now.