@lawlord, Hi Lawlord, yes it's possible that there is a drop before a bigger rise and it's probably near the 1000. The big picture, for now is the bigger rise. I'll buy it around the 1000 area (in my mind 600 area is possible, (technical understanding)) if the structure shows me a buy setup. If this isn't happening, say the chart never drops but rise out of the bigger structure, i'll wait for the consolidation (buy setup) and trade it. I hope this will help you.