The super gurus may have you believing that that we've started the January Effect, unless of course we go lower and then they will tell you "you have to time it" or some other BS excuse they will use. You'll never get a straight answer form these cowards, only lies after the fact.
For me, the January Effect on individual stocks starts closer to the end of the year, and carries over until the first few days of the new one. Small caps as a group tend to outperform large caps starting the middle of the month.
If the pullback low was yesterday, waiting a few more days will definitely cost something, but rules are rules
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