Technical analysis can fail some time, but it's fascinating to see what it can do when it works!
Please see my previous chart from early this week:
PS: This analysis is just for entertainment purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.
@Mustafaksoy, it's difficult to predict but I am watching the 10K level which coincides with the 38% retracement of the entire move from the March low.
Not a recommendation to buy or sell, of course!
ndau
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@ndau, If 10K is breached then 8860 will be the next level to watch (61.8% fib level).