Published this last night. This should get to 8100 then to 7500 and that will be the deciding point. If it bounces off 8100 we could go to test 9200 DOWN trendline and then 9300 fib. Move past that will lead to EMA test around 9900 or 10K. Even if we get to that 10K mark I still believe a pull back to lows is possible. The question is do you want to leave...
we are at a point here I believe. At least in the short term we should fall from the 5 min channel to 8100 where you could go long if you were certainly bullish (I am not). We are then due to go up to meet the major trendline down (green line); we either break or fail...I have mine at approx 9200 now and a Fib retracement at 9300. If we make it though all that...
Bounce off of 21. Minor break of trendline due to fear. Not adjusting anything except to bring Fib more into time frame. Up we go.
Looking at the trend line and RSI this pullback was imminent. I would look for a bounce off 21 if it goes any lower. Buying in after hours may not take this much lower as I believe this is a trap. I'm long on this.