Since the Sept 24 drop, we now have 3 confirmed resistance levels $8,600, $8,200, and $7,800.
Need to see a strong defense of $8,600 (Purple Box) at the 200-Day or expect a return to $7,700-8,400 range (Blue Box). I expect a drop to retest at least $8,200 or so followed by a retest of $9,000 or even $10,000. Keep some dry powder there will be plenty of opportunity to buy in these ranges