You are right. Indeed, my hardcore tracker friends predicted this almost to the note in December. They predicted a major correction in the third week of January, then a little apparent rally before a final 5th wave correction that would either pierce the support at 8k and drop down as far as 4k or finally meet the strong support and work back. Looks like it may break past 7k so far but either way, this is just a great opportunity to buy.
Thanks for your post!