We have bounced twice off of the bottom of the channel market in green. We are currently working the small downward red channel. I believe we will run from here in the Elliot waves I have laid out. After the break of 10K who knows how high it will go. I am going to assume that is where the actual retrace will come in. At that point I am thinking 6600 but will need to look at it once we start our correction. Thank you for all that have shorted, as you will be the ones pulling us past the 10K mark. Not trading advise, just my opionion. Good luck out there.