8200 level is a key to hold we have Elliot wave 5 leg down probably we have head and shoulder with neck around 8300 we have broken bear flag we have massive red volume
Agree with the head and shoulders, but I have it more of a right shoulder peak around 9.5. On a micro level, we may have an inverted head and shoulder playing out on the 30 minute that takes us back up to 9.5k resistance. This would equal the peak of the left shoulder. At that point, we're in a crucial decision area.