Text in chart explains. If my hypothesis is correct, we will push 9500-10k in the next 2 days and then will have to wait for the next motive/impulse wave to determine our near future. I reopened a long position at 7950 with a goal to sell shortly before major resistance in the high 9000s.
Diag wave 4 tested support around 7100-7200 and held, starting what I think it an extended wave 5 based on 1 and 3 being relatively close in size. ABC correction for the rest of the morning.