So the markets are pretty hard to map right now but it looks to me like after the correction that brought us down to ~8350 (see red ABC on chart). it now looks like we are in another run up (12345). we just finished the first leg and we are now in a smaller correction (probably back to the 8.8 - 8.9k level) over the next couple hours. we then will run up leg 3 and might get as high at testing the 10k mark or just below. then another small correction and we will then definitely be on our way to testing the 10k level.
Komen:
looks like we might have just double topped before we retrace back down. it might take a bit of time before it retraces the bulls are really active!
Penafian
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