Resistance at 7,500. Beyond that it's anyone's guess.
The pink scenario is just a guess at this stage. But a very similar pattern
occurred in 2002 and 2003.
The index turned on good support. It is now encountering the regression
line, in blue.
Visit my goat farm: (yes that's right, 'goat farm'. You don't think
I waste my time looking at stocks all day!)