Another wedge...

We have another very clear wedge/triangle (not sure which is more correct in this particular case) formed and even though it might not be clear where we will be going at the end of it, based on the other chart that I haven't published yet EW direction is pointing down. So I think we might see a pretty sudden drop to 6500-7000 region. I do think it will be the last of it! We should recover quickly and be on our way up to 12k! Let's hope all goes well, good luck! :)