My idea seemed correct from my previous one. It did drop to 8.9k~9k level and picked up again. However, too little increase to make something happen as expected.
What I figured, We finished Elliot wave and it is time for correction wave A,B,C.
A,B will move within this triangle. Meaning we will see a drop again once near 8.9k or little higher than the previous drop.
From here, another very little bounce, preparing for the breakout of triangle formation. The Wave C, I expect, will bring us to 8.5~8.4k region.
What I figured, We finished Elliot wave and it is time for correction wave A,B,C.
A,B will move within this triangle. Meaning we will see a drop again once near 8.9k or little higher than the previous drop.
From here, another very little bounce, preparing for the breakout of triangle formation. The Wave C, I expect, will bring us to 8.5~8.4k region.
Comment:
Ok mistake. We already had A,B correction now waiting for Correction C.