Fib retracement and extension w/ bullish divergence pointing up

Seems to me like a few interesting points are lining up. Fib retracement has respected the 0.618 level, and there is a very large bullish divergence that has made itself visible on the weekly. Looking at potential targets, 12700 - 14000 as per the 0.5 and 0.618 respectively. Possibly even higher. This is a longer-term forcast, ups and downs are sure to both be present in fair numbers. But the trend is up and away.