


next target is 10663/61.80%.
If fail, price will down to 1.115/61.80% level.
Touched simultaneously 423.60% and resistance fan line.
Uptrend 1-2-3 waves created. 8.64~8.71 is critical support zone.
In case of SPY drop, 27.3/161.80% level or 0.786 upward fan line will work for support.
If this over, please let me know to find other target price.
Today has a rebound action but not strong. Very little advantage from gold's down and euro's down. I would like to say 8600 level will be real bouncing point.
Bitocoin touched 8700/423.60% and have great support friends such as 61.80% level and 0.786 fibo support fan line.
This is just forecasting. Down to 7336 means finding bottom line of 2nd upwave. So this kind of adjustment is not inevitable. 7336 can be optimal point of this finding.
Per my fibonacci analysis, 6717 has two crossed up supportive lines.