I think we may go sideways for a couple days between 6000-6500 before continuing down to the 4800-5000 range.
Historically the daily rsi hits 30 on a major correction which implies we still have further down to go. Price target corresponds with 61.8% fib and 100 day MA which is the area the last 2 major corrections fell to.
Historically the daily rsi hits 30 on a major correction which implies we still have further down to go. Price target corresponds with 61.8% fib and 100 day MA which is the area the last 2 major corrections fell to.