We got a level right around 8250 that we haven't hit yet, i think that we will hit it and get rejected off of it. Then for the move down we pull a fib and use the .382 and .5 as take profit levels. After that I am looking for a continuation of the move up but chances are that i will wait for price to invalidate a few bearish scenarios before taking positions. Also another good sign of the incoming move down is the bearish rsi divergence that we see. Finally, in terms of elliott waves it looks like we are in an ending diagonal which would explain the rsi divergence.
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expect a small move down back to 8k soon before we continue up Note
Almost There Team Note
The other possibility is that we just weren't able to make that new local high and began to move down already, but the divergence makes me think that the first option is more likely
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