Since we have similar oversold conditions that we had on the January Bottom I use that to March Peak (Yellow Arrow).....I cloned and show possible price levels and timeframe if we have a similar runup to 100K now. We would be at or near 100K around July....
I also used Fib levels. EW, and other TA to confirm what the direction and price levels. I think out next leg up is to around 80K before the last push to around 100K.
I also used Fib levels. EW, and other TA to confirm what the direction and price levels. I think out next leg up is to around 80K before the last push to around 100K.
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