The market found natural support at wave iv of one lesser degree (see purple dashed line). This confirms the wave 4 count at least to me. Note there is nothing unusual about this wave 4 correction. Wave fours typically retrace 38.2% to 50% of wave 3 which in this case it did retrace 50% of wave 3; a typical wave four correction. The wave 5 target is now lowered at 3384.