In my opinion, the price is under influence by 2 fib distributions with a strong rising support line.
We'll go sideways until 30th and the larger distribution .618 is crossed by support, then we'll break higher. Any cross below support is likely to be a false low ready to break higher. 870 to become new support level for the new year.
We'll go sideways until 30th and the larger distribution .618 is crossed by support, then we'll break higher. Any cross below support is likely to be a false low ready to break higher. 870 to become new support level for the new year.