So we might be in the early stages of a bubble, but if the market breaks below $7,466 then we're going to the $700s? Quite a binary situation! 
I'm still watching this triangle scenario. With wave (d) possibly complete now, $5,500-$7K could be next for wave (e).
I'm still watching this triangle scenario. With wave (d) possibly complete now, $5,500-$7K could be next for wave (e).
The more options the better. I don't like the binary split, and the $1200 - $700 scenario looks too grim. It would not leave enough time to capitulate and recover back to $9k.
I feel will are much closer to a bull run, maybe 6 - 12 months out.