Simple's Green Room

[Qui-Gon Kagi]

I should mention pennies that this current months candle is a bearish candle and is approximately 150 pips from hitting the supporting trendline on that weekly wedge I posted. I'm wondering if we will we see a bounce from that supporting trendline to take us up 700 odd pips to the top trendline again or are we about to see a real break down through and well below that supporting trendline to make a 5th wave bottom 2000 pips and more below or to make a C wave which would be some several thousand pips? I know that there is a lot of smaller waves on the 4 hour time frame etc to get right on a losing positons, but I'm curious as to where price action would take us in the longer run.