Impulse, impulse, impulse formation.
Look at the pattern- this is the text book impulse north.
And it only has began - we are now experiencing the beginning of the 3rd short term wave,
which consists out of smaller(inner) 1-2-3-4-5 impulse.
This promises an unbelievable growth 8000+.
7250 is now the most decisive region(7200-7300).
If bulls protect this level - the impulse is inevitable.
Look closely for the battle around 7250.
The outcome will set the market for a day or two.
+ Also notice "head and shoulders" that just formed.
Only a secret bear will exit now))) I'm in at around 7300...