This week follows last week's path to a re-test of recent highs. Patient bears are watching closely. The wider window starts for a pullback in the back half of December through mid-January. This long anticipated move is nearly at hand. However, further advances are expected and there is no time for being complacent.
Estimate is 12/15 through 1/15 for the start, but it can begin any day as we're close enough to that window. Sloppy sideways movement may occur first, maybe even a slight nudge to a new high - but not by much.
Watch closely!
Estimate is 12/15 through 1/15 for the start, but it can begin any day as we're close enough to that window. Sloppy sideways movement may occur first, maybe even a slight nudge to a new high - but not by much.
Watch closely!