The bottom hasn't been reached yet.

According to my previous analysis there is the SMA analysis.
In the 2011 - 2014 cycles the price bottomed on 100 SMA.. In the 2014- 2017 cycle it bottomed on 200 SMA..
In this cycle will it bottom on 300/400 SMA?
One thing is sure.. We need to drop again.. 2300 - 2800 could be a realistic bottom zone..

It is not a financial advice!!

Berto.1986