Stayed in the descending wedge longer than anticipated. Local low established at 6425, near resistance now, looking for 8862 as the first target on the break of the 1/1. Likely hard resistance at the .382 fib (from Dec 2018 low) and white .5 fib (from 2012 low). Current monthly vwap leading the prior month (subject to change before close of current month).
