![](https://steemitimages.com/DQmb8Nr2NDsB7FLXp75ACVqQsf8QmQURC7g8yTijNM4yiAT/image.png) https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

General Tone: We have hit target of $7,550 and have bounced thus far nicely to the $7,700 region. It's possible to see $7,200 still. We see a death cross (50 and 100 moving average cross over), which signals a very bearish market to come. If $7,200-$7,600 range is indeed support and ABC is finished, we will then attempt an impulse wave up, which can fail if any impulse wave OR ABC of the 1-5 impulse wave retraces 100% of the structure. A break above $8,050 validates the bullish count and ABC is finished. A break below $7,530 validates the bearish count to $7,250 range. Long Term Bias (6+ months) - Bullish Medium Term Bias (Next Week) - Neutral Short Term Bias (Today) - Neutral to Bearish Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019

https://youtu.be/7-IEFeuCAMc ![](https://steemitimages.com/DQmTmscAM6BUJUC4MeqadExGTLzNwPDTufy1hy5BRLdAbeT/image.png) ![](https://steemitimages.com/DQmZbo2KZtdE2HRJSw8Rg9DCHzATG2Dh4ZbLBjMfQr1a4S1/image.png) ![](https://steemitimages.com/DQmPhifBTizbMEMosezdJfypGEiLbXpyhyRzENdDbuCp7zj/image.png) ![](https://steemitimages.com/DQmYhtnr8cK6SegDwEucKBYAMPmh7cWLCMgg9QtHds6BW3D/image.png) ![](https://steemitimages.com/DQmQcjjz3rwRJBNnkGdpR9cyxQe3uRPYemxYadNNQtuscuS/image.png) ![](https://steemitimages.com/DQmURAh5vqTV22hxA5PSKZiD1Rba6PRWw8Dh5ifXEcPxWch/image.png) ![](https://steemitimages.com/DQmNPZYEezWfF8UGUfFawPiCzSwDbBRteUbEKxnY51HpPgM/image.png) ![](https://steemitimages.com/DQmZarbpzFpjYZkuTMqfJcyFSZ7cRstnKmhJtVb2EkHgvRN/image.png)

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