Okay, here is what I think.
To all of you, arguing whether we take 7500 line or not, its already been decided. Retest of the 8300 area is too obvious right now. Not gonna happen.
Whales want buy orders liquidated. Price will drop. 5800-6200 is a buying area.
Ok, but why not 5000?
If price reaches 5000 with no big bounces it would be an obvious buy area, and even the laziest will be opening buy orders that low. Not gonna happen.
Expect weekly closing below 6500, which is the key level for continuing this fake rally. Would u dare to place your buy order after such weekly candle?
We go up then. Whales have to keep the 100000 dream alive. For now.
I will keep you informed.
Ask your questions.
Let's see if I'm right.
This is just another opinion among thousands of others.
Always remember to think for yourself.