In an correction, wave C tends to correct to the wave 4 bottom of the impulse up (see Nov 2017 low, point ). Therefore, wave C may likely go to 5.4k ... and a test of 6k is also possible. Both for me are credible end points, before the market sentiment changes. Many are switching their tune based on the bull euphoria right now ... but is it a bull trap. Some wary investors are not satisfied with wave C ending at 6425, above wave A (6000). To complete the correction, technically wave C should at least retrace to the 6k level.
Another point is ... is wave B over? Possibly not, it could retrace up to the all time 1, that would be a real bull trap! Given this is likely an correction now (referring to mini wave), it doesn't change my expected bottom for wave C.
Remember only a fool relies on one potential outcome.
Do not rely on this information for investment decisions. For educational purposes only.