This is not financial advice or a recommendation to buy or sell. These are just my thoughts and are for educational purposes only.
Note
Since more data has come available, here are new projections for the short-term.
Note
Not looking good. If we get a 4-hr candle close below the 55-ema, we could see further downside.Note
Note
Further downside is the most probable case based on recent price action. I'll be looking for a third bounce for a quick trade. I'm estimating we'll end up around 8,100 - 8,000. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.