I think we could see a retracement to that magic .5 fib level of roughly 8800. Personally, I think that 8800-9200 is a better range to watch and stack orders in. If we break below this level im looking towards that lower trend line
to be our next buy zone. Will update when that time comes.
1. Stoch RSI
showing that we are coming down still
2. we were rejected at our bear trend line
, the last time this happened we dropped hard
Disclaimer: Not financial advice!