I have used simple Pitchfork and Fibonacci for analysis. We can observe that we are still bullish if we take April/May 2003 as a bottom. Levels suggest some hope around 7230 and 6095. The latter is a much stronger level since it coincides with the TrendLine.
Violation may lead to levels around early 5000s. Let us hope for the best.
Violation may lead to levels around early 5000s. Let us hope for the best.