As the price has decisively broken the 2/1 line of the Gann fan from 6/26/2019, there is a far more likely chance that we will visit the 1/8 levels of the cyan and the black Gann fans. The black Gann fan's 1/8 level sitting at the $6500; if there is a decisive break of that price level we will likely see an initial decline of at least 10% starting a larger move towards $2800.