At this moment I am really bullish on this retracement from 9.9k, (which was the 1.272 profit taking level from the swing high at 6.4k). We are having an extended XWY correction forming a falling wedge pattern with targets around 7.8k - 8k for a potential breakout and the start of 5 new impulse waves that would take us above 10k finally. Failing this 0.618 level...
Looks fine to me, have been following this wedge from the top