Weekly chart looks due for a pull back higher in this downtrend. Take some consolidation before pushing down to 4000's.
Target 8K, downtrend res, 16W EMA, 50W MA
Rebound on the 0.23 fib level a third time, just like in 2014 for a final push to the major downtrend line.
Daily macd curve up, RSI overbought.
Will mimic 2014.
I see 8k on 15/07 and then lower to 4.5k before the end of august.