7700 support will be tested soon

It looks like my prior prediction was wrong by a little bit, the 50MA is coming up to support us around the 7700 range which we'll have to see if it holds. From there it really could go two directions and TA is not gonna be able to predict that.

I am however bullish on this wave and think we could see a breakthrough to 8000 and sit there for a bit, only time can tell.