It appears to me that we have not quite completed wave 2. Fib retracement of wave 1 has so far found support at the .382 levels, but we should expect to break that level upon a bounce from previous resistance.
That being said, we should consider all options. What if we are done with wave 2? Moving upward past 11,000 levels could confirm the start of wave 3.
Here's a wider view of potential movements.
That being said, we should consider all options. What if we are done with wave 2? Moving upward past 11,000 levels could confirm the start of wave 3.
Here's a wider view of potential movements.