So in my previous analysis' I talked about the coming final shakeout, however I had gotten the timing of when it would arrive incorrect (I was expecting it a bit earlier). Alas, it is upon us! There is a good chance we go down lower to about 6K as indicated by the yellow arrows which give us support at the solid pink support line; however we equally might have already hit the lowest low of the shakeout indicated by the support found by the dotted pink trend line
. Eitherway I am now in a long position since 62xx and have buy orders placed incrementally down to 5980 in case we do go lower to the solid pink trend line
. Once we break the resistance of the solid pink down trend line
above us, we should rocket towards our target of 10K in spectacular fashion.