I think we're in a very strong decending wedge , which will have a very strong breakout to the top side, I think we will hit a bottom of around 15500 before this happens. How high we go from there? Who knows.
My strategy lately has been finding the patterns, waiting for them to form, and watching for a breakout. When the breakout happens I have a buy limit set that will buy me in at a certain key price, this takes my emotions out of the trade, I then let the explosiveness of the breakout take me into profits I sell and wait and watch for a new pattern. If I can't find patterns forming I simply won't trade. I take roughly 2-3 trades a week with 50x Leverage and i'm gaining about 15% capital a week, slowly I will compound this up and have massive gains.