Yesterday's drop to $276 could have ended the (5) wave of C. You can zoom a bit to see the decomposition between (4) and potential (5). Long-term support, lowest-point after burst ($275), first level of are all pointing to this important level. If the ABC corrective triangle is over (correcting the Dec . 2013 burst) we should be going out from the endind diagonal from the upside pretty soon. In EW and TA this pattern/figure is a one.
However, we should note a correct counting is allowed with testing the again (and old ATH ). The counts would remain correct and stop the 2014 market aswell. C would be around January's end, ~ $257.
IMO if you're long-term beliver this a nice time to accumulate. If not, waiting a possible drop to $257 or the breakout from big could be a better idea. Good luck !