Monthly remains bullish until a break below 1662.
Weekly in a short trade after the close below 1779. the target down is 1666.
The Daily trade is short from the 1815 short entry. 1719 is the next target down.
trade pressures are oversold.
time pressures are down til the 24th of Feb.
— need a move above 1784 to restart the move up.
looks to be difficult. at 1784, the talking heads will be pointing to a “developing head and shoulders pattern”,
but if the market can grind to a close above 1802, that could be enough to set a new direction.
not going to be easy this time.