Bounce to 7700, Back to 5900, Then moontime baby!
Looks to me like we're heading up to meet the trend-line, before back to testing support at 5800-6000 before breaking trend-line and flying back to 20k and beyond around xmas . Ring any bells?
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Like clockwork - 7800 next stop before a likely return to 5800 range. Looking for a showstopping pump from there. One can dream eh?
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7600 -7800 still in play. Deviation from the blue line up matters not. Take profits responsibly if/when it arrives.
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Yesterday's pump was a little late but just in time to validate the prediction. Expecting a failure at $7800 which triggers our final descent to 5900-6000. AND THEN it may be time to strap in!
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On we go. Failure to break 7700 decisively means we will likely shortly commence descent to 5900-6000 - Then things become interesting hopefully!
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OK so a little out - However, the current bounce should see us OK up until around 6900 - another painful retreat back to 5800-6000 as per usual (I don't want to believe the 3-4k crowd) before what could be the most goosebump inducing tear up in trading history. Good luck!