Below the 4hr chart.
A triangle is forming and main pivot points are 6.900. If we break above than expect a test to the declining R line from late July.
Total MC for the markets are still under pressure and it seems that the consolidation will come to an end later in Q3.
As volumes starting to pick up we could see some movement soon.
Fact that the SEC didn't approved ETF traded funds on the markets is imo a good thing.
Have a great weekend!
makeithappen