Observing $10,116.
Theres a real battle at $10,000 atm.
We dipped below $10,000 but bounced back, it seems to be acting as good support atm. Be interesting to see what happens from here. Something has to give soon.....
I hope for a bounce here to some 11k, but it doesn't look like 10k will hold after that. This is not simple ABC correction, it went too far after retrace to 12k. So it's probably only the first wave of retrace. Bounce to 11k would form a new head and shoulders with target somewhere 7-8, depends where the neckline would get broken.
Bulls lost the power here.