To be clear, I was referring to i-v as the first impulse off of the December low, so i at about 4235, iii at 8400. In that sense do you see ~$10k as too low for wave v off of iv at 7500?
I probably could have been more clear with a chart. Sorry about that.
I don't think i of V at that degree is complete yet. I can't count enough waves.