Hi Everyone! I pointed out in previous publication we could go up to as high as $53,000. However, we actually have a chance to go up to withi8n proximity of the white upper b-band in similar fashion to July, 2015. We even have a possibility of continuing higher to the Aqua Upper B-Band near $60,000 this 2-Week candle or the next 2-Week candle. I mentioned in previous publication the current 1-Week candle will likely be a “short candle” (very little range of movement) and the NEXT Weekly candle has a better chance of us going to the white/aqua UPPER B-Bands in the Weekly. We may have to wait for “both” the Red RSI and Blue LSMA in the 2-Week to rise above Level 50 before we begin to see any kind of serious expansion. White means we may have to wait two more 2-Week candles AFTER the “current” 2-Week candle.

The Red RSI and Blue LSMA both rising above Level 30 is a good sign for increased odds for price action to go up to at least within proximity of the white upper b-band in the 2-Week time frame. Let’s see if we go up there the current 2-Week candle or the next 2-Week candle. We still have over 8 days remaining in the current 2-Week candle.

Don’t forget: We need the Red RSI to rise above Level 50 to trigger upward pressure in this 2-Week time frame. We also know upward pressure will continue until the white energy comes back down to or near Level 50 “if” the Red RSI can manage to “close” above Level 50.

Hope this was helpful for the near to Mid Term.

Happy Trading and Stay Awesome!

David