This sideways chop on LTF as a subwave 2 of a larger 5 wave move up after a LTF subwave 1 impulse off of 83.8k OR this chop a B wave after a subwave A impulse off of 83.8k. Either way would imply at minimum another LTF move up as long as lows at 83.8k are held. Then we see if we are getting the first scenario which would imply a full on reversal off of 83.8k to new ATH OR the second scenario which would imply further chopsolidation as opposed to an immediate reversal. Too early to tell which scenario we may be getting but either way things look solid here and ideally with developing PA we have reasons to become even more bullish.