The Fed pumped in money from heaven as you can see in uptrend from low 18 (support).
For a bullish scenario we have a price corridor between 2800 and 2730. If 2800 holds and Fed is pumping money in it could up through 2900/3000. Then air could be very thin there.
An important bullish support to watch is 2730/2720. Breaking down this support could means retesting lows from Dec 18 (2200/2000) or going down under through this. At this lvl fight between bulls and bears provides for volatility.
Last days we tested this support and went up 2800 again.
Comment
⋅
Now see resistance @2860
As I said: If it holds on market could go up 2900/3000 If market is going down it can fall deep through 2200