I pulled up an old chart of mine with these trend lines and price has done a good job staying within them.
This leads me to believe that we'll still get the move down that I've been expecting back into the 22k-23k region. As you can clearly see from the chart, the area hasn't been tested as support.
I think that'll need to happen prior to seeing our final move up to the 37k-44k region.
My guess is this move will play out sometime between Thursday the 20th and Friday August 7th.
Let's see if it happens.