That trend up and down creating loop was just similar to last one , idont say it is finished but obvious it was too similar. This loop is smaller then previous one, i was expecting it to long more but thats ok. because it didint end it can go below previous year record. Tops are below previous and bottoms are below previous and main trend is down so  i expect 4-5k as a new bottom record.it will turn from that bottom and rise a little but dont think so to pass above 8k, it may reach 7k and come back.Also expecting less volatilty for the rest of this year.