As i published before, target 3 - 5500 is still on a point.
Copied 5 subwaves of previous fall to predict few days movement.
Seems like 7800 was pretty good support since november of 2017. From this point, it can turn to inverse head and shoulders. Because it stacks on mid tip of the pitchfork tool and strong support since nov of 2017.
Watch 7800 closely. from...
In few weeks, there is no such big fuds incoming. So before the fresh new bull trend, one last fall incoming according to elliot waves theory in bigger picture.
I drew few strong trend lines that was going efficiently since july of 2017 and january of 2018. Plus 1 pitchfork tool.
Target 1: 7500
Target 2: 6200
Target 3: 5400
It can take around 5-14 days. Stop...