Update. New retrace 50% = $8,631.6. Price for now couldn't hold above 20 MA. Media concerns perhaps about daily moving average crossover if you follow 50, 100, 200 MA's.... Have added fibs for a price drop. I've included a Fib level of $7411, but may take out low of $7,240 (end of wave 5?). $7,365 was just an arbitrary figure I've used from a previous calculation.
Note
Could use high $9177.9 to $8,085.7 instead.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.