Let's take a look at a 2 min chart, so we can see the channel situation. Looks good sofar for being just a pullback. Some reasonable divergence showing a short term bottom at least... But for confirmation we would need to see a break of 9320 and , preferably, a retest of that level. The pullback has touched the 38 % retrace line from 9487 to 9000. The "W" bottom has a target of 9360. That would be broadly in line with a new channel resistance drawn parallel to the recent uptrend resistance line. Remember these lines run like tramlines - parallel.