If you're looking to buy in, I believe now would be a good time to do so.
Here's my analysis:
1. Wave 4 stopped just above top of wave 1 (per elliott wave theory it has to). We could technically go down a little bit farther to 8465 before wave 5 starts.
2. Impulse wave 3 - 1:1 ration of Wave 1, therefore wave 5 will most likely be longer than...