I am overall bullish and leaning towards breakout - HOWEVER we have to mindful of a dead cat bounce here and lower lows.
Wave 3 completed right at the 38.2 as expected - beautiful move. I *think wave 4 is done as well, it came down and tested around 10,200. We should be on our way up to test the blue channel. Wave 4 could also wiggle down a bit lower beforehand. HODL!