1 It can rebound back to the 786 fibo levels around 17000 before completing the right shoulder and hence the to 11,000/8,500/5,500 areas
2 It will consolidate to form a Triangle resting around 11,500-15,000 area
3 It win the 17,000 786 fibo level and we are heading for 22,000
What do you think? Please feel free to leave a comment, happy holidays.