However oil price are strong backed by cutting crude production and individual stocks are outperforming concencus it is likely to record a high on Monday 23th of January at 488,8 point in AEX.
If 488,80 harmo will coincide with overbought condition and a valid short in 2h timeframe, it is likely to sell to point D. However in mid of this week Gann points are stronger, to look for 'opp. into strengths.
Overall the market is in a strong uptrend, with sideway behaviour to 'square out price range expension from the Trump rally. TradingEcology does expect a strong rise towards April/March to roughly 530. Our perception to correction in price are very flexibly minded, though timecorrection is an unnatural breather for higher prices in future.
In the yearly hot projection report you can find the exact price&time relations.
Best to your trading!
If 488,80 harmo will coincide with overbought condition and a valid short in 2h timeframe, it is likely to sell to point D. However in mid of this week Gann points are stronger, to look for 'opp. into strengths.
Overall the market is in a strong uptrend, with sideway behaviour to 'square out price range expension from the Trump rally. TradingEcology does expect a strong rise towards April/March to roughly 530. Our perception to correction in price are very flexibly minded, though timecorrection is an unnatural breather for higher prices in future.
In the yearly hot projection report you can find the exact price&time relations.
Best to your trading!