Recently broken out of range since 1999 with retest supported at prior resistance
Elliott Wave suggest long to reach blue wave 3 at 8640
Wave count invalid if proposed purple wave 4 in progress breaches 7421
End of large degree correction, initial impulse seems to be an expanding triangle resting on support level. Imminent break of trend line resistance? Fibonacci extension of wave 1 to projected wave 2 and historical support and resistance suggest a target at the 0.19 mark to be expected after move higher into wave v then lower into higher degree wave 2.