Thinking we get oversold today and head up to 3806 area to then move relatively sideways to hover around 3800. We might break through the upper trend line in a fantastic bull trap only to come back down to sub 3800s in upcoming weeks.
Predictions for upcoming days and February are as follows:
1-19-21 3786
1-20-21 3806
1-21-21 3819
1-22-21 3829
End of Feb 3700s
Note
still of the belief we should head down to 3740-3750 before heading up, but I am not 100% sold that will happen this time...we will see
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.