The aspect of TA here would be the Elliotts Wave Analysis.
We should expect a maximum pull back to 50% ($8,543)
If the market pulls below 66% ($6,873 : on a closing basis) we should expect further market liquidation.
I presume that this analysis would suit anyone who isn't in the market, looking to get in the market at a good price.
Regardless of price action... I recommend accumulating, for thats the phase we've been in the past year.
I'm not your financial advisor so take this **** with a grain of salt if you're a skeptic.
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