Ive been looking at this pattern for the passed two days but did not want to get anyones hopes up until we showed signs of a bounce. Based on the passed ATH indicated by the rectangle on the left we were over 4k when we went from 4475 and fell about 18-19% to roughly 3600. Now we shows signs of that exact same dip after we reached 6180 and as of yesterday fell to about 5375 about a 13% drop. Now if the pattern is confirmed we went from 3600-4975 (38%) after the fact and than corrected about 41% to 2900... if the same applies to our drop to 5375 than we are looking at targets ranging from id say from 7200-7500 those are the areas I will be most cautious at if reached.... again this is all speculation but just felt the need to share.
Thank you
Thank you