5 waves down from the 1004 Highs on July 31st, culminating in today's low at 964.75 The Wave 4 high that occurred in Globex today = 983.50 Subtract 16.75 points ( this is the length of Wave 1 ) from 983.50 an dyou get a target for the end of Wave 5 at: 966.75 Today's actual low = 964.75 Time to head back up.