Looks like another bear flag forming. I'm looking to buy 5650-5500 for a very strong bounce to at least 7k/potential bottom. $4500 would be my ultimate buy but it is doubtful it gets there on the first try or at all as I would be shocked if there isn't significant buying once 6k goes down.
Broke out of the descending wedge to the upside. Heavy resistance between 8600-8800. Needs to have continuation through 8800 in order to test downtrend line from 19k that sits between 10.2 and 9.7k depending on how fast we go up. If it fails to break 8800 should get a pull back to around 8050-8150 before reloading and trying again. 11.7k could provide resistance...
