The little parallel guiding this wave is working well on the
upside, but not on the downside, so far. Still looking to get
long off any touch to the lower parallel with a stop 50 lower
and if this gets taken it means a retest of 6980-6890 range is
likely underway. Good, ironically. It means risk /reward ratios
are even better again with about 700 points upside from here
and carry about 140 points of risk with an entry around 6980 if
seen and a stop below 6890 by 50 points.