I thought I might do a shorter term update. Anyway, all is still going as planned. We appear to be forming a that will take us down to our target of 6K. From here we should bounce out of the to 6540ish before retracing to testing our breakout level. We could range between these two levels for a few days or more before building our momentum to finally breakout of the purple down and then commence our trip up to our target of 11K. Trade as you see fit. I will scalp some shorts from 6300-6200 and have laddered in longs set from 61XX down (6150, 6100, 6050, 6000, 5950 etc).
I see us dropping very soon and causing a FOMO of shorts which are already pretty extended which will then fuel our rise up and out of the descending broadening wedge and up towards our ultimate target of around 11,500.