I know this scenario seems implausible at the moment but I think we may see a move like this in the shorter term. Technicals are very bearish but I think we are range bound for the next days. In terms of my longer term view I remain very bearish but still believe that a move to 15k - 17k is certainly plausible.
We reached the first target and are seeing some pullback now. I'm expecting us to drop to the 8950 level. If we can keep that area then I think we will get to the 10,000 level.
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I have exited my trade and taken profits. We may still go up but I am happy with the profits made and don't want to get greedy.
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