Bulls have to step in to defend their territory, otherwise a much deeper correction will occur. If the third test of the descending wedge resistance does not lead to an upward breakout, the 8500$ zone around the rising trend support line will likely to be broken. Not a financial advice.
TD Sequential green "9" on a daily time frame. Worked like a charm during the last 10 months. The price is still growing though, so the confirmation is needed. Not a financial advice.