We are at the most important point of the last weeks. If the support hold we should see the beginning of the wave D which will be a bullish signal. If the support doesn't all, we gonna reach 8500 area or worst.
For the first time daily MACD could sent a bearish signal RSI is shortly oversold.
People should wait a little before take any position.
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Maybe the bottom is in for today... but the ascending support on 4 hours charts is broke, and on 1h chart our crucial support have been hurt strongly... We should see a little recovery from here .. but i think a massive correction is now possible in the comings days/weeks.