General Tone:
Congratulations. We've nailed target @ $7,250. We bounce $250 thus far.
A break well above $7,523 confirms a bullish short-term trend.
A break well above $7,750 confirms a large degree bullish trend.
A break below the support of $7,250 confirms further correction in play.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Here is an elliot wave count.
Here is the $7,250 prediction made for a week now:
We are now testing the $7,523 range.
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