Description
⋅ I would short around 7250 because we go down to 6200 for a bounce.
The elliot wave drawn is in a bullish scenario where the wicks are not considered for a correct elliot wave.
Comment
⋅ The short is based on RSI going lower even with RSI+EMA.
Another factor is the rejection of the 61.8 Fib retrace with low volume
Comment
⋅ we currently bouncing of the upper trendline, if this gets validated
we see a new low and might bounce from 6.3k