Picture
Nice bounce off the intermediate uptrend support today which should form the bottom of wave 4 of the move up from Nov 2012.

EWT has a guideline which says that a wave 4 should not go below the low of wave 4 of one lesser degree. That was at 14444 so this fits nicely. The trendline and 38.2% Fib (of the wave 3 move) came into play perfectly.
Original link