and the next target is $7532 according to fib 0.5 retracement. and then 7100 might be expected.
It seems like a regular flat is taking place and currently on wave C. fib retracements 0.5 and 0.618 are shown.
if the next candle opens under the red trend line then we should expect a decline to 7700 first. then according to fib 0.5 and 0.618 should take place.