So my wave formation happened much faster than I expected but it nailed both my prior price targets;8250 and 7700. Looks like the 5 wave down of C is done to finish a 5-3-5 zigzag wave 2 correction. What comes after wave 2? Wave 3. My price target is between 9.5 and 10.6 for a 1:1 or a 1.618 extension of waves 1 & 3. I'm awaiting confirmation which would be a break in this downward channel.