I'm expecting prices to do a new low in the 13350 area to complete the Wave 4 pattern. I'm hoping it will complete this pattern in the next few hours so to also get a diverging pattern with the RSI. Only a drop below 13300 would deny the entire count. I've labeled this level with an apple since Apple today is hovering close to the all important 125 level. Should Apple move away from that level it would drag the entire market with it.
I've just bought Calls, in case this was the last leg down and we take off from here. (May exp. 13800)