If we break out of the cloud and long time resistance we might see a strong breakout into 12k range, otherwise look for support in the market areas. Would like to hear other people's ideas.
Head and shoulders looks to be forming. I would need to see a break above 8650 and then the 9150 range to see this thing going any higher. I believe that we are in for another deep dip toward the 6k mark again, forming a huge double bottom, getting passed the Chinese new year, and looking toward the B movement upward of the MACRO ABC correction that we will be riding out for the next few months.