Expecting to test top of wedge ~9k region.
Possible dip down to 8-8.2k, expect 8k to hold before retest of 9k though.
Looking for a slightly deeper retracement before continuation to 9k
Volume is low on this pump which is suspicious, possibly just market makers backing off their bids in anticipation of upside. Expecting test of 8.4k then, if a break out, onto 8.8k
Descending channel to break up to 8.4-8.5k
Support is holding nicely. Maybe some fakeout dumps, but will likely see 9k again before breaching 7.5k. In fact 7.7k may be bottom.
Local bear trend still in tact, bounce lacks volume, expecting a lower low.
Descending wedge usually breaks down then bounces, possibly give us another test of ~7.8k support.
Looking for at least .382 retracement on the daily leg.
Local bull trend formed, .618 retracement of last leg competed, expecting a bullish continuation towards 8.8k
Expecting current daily leg to form at least a .382 retracement before possible bearish continuation.
Expecting test of 8.8k followed by possible breakout.
Expect a retracement up to the .5-.618 fibs.
We are in local down trend, still expecting test of 7.5k support.
Still looking to test 7.5k support before larger bounce.