I would expect the high to be in the region of 112 if the uptrend continues and we break through the 2012 level of 100.72. The MT AutoFib Indicator and MTHorizontal Levels Indicator show levels of horizontal support and resistance in the current market structure. More details of the indicators used here are available from Chart > Indicators > MarketPlace > ...
Here's a well defined trading zone between 2 balance areas. I'm going to look for a tiny pull back to go long next week and will scale in/out at various resistance levels and adding back into longs after taking profits at lower prices. Once i reach the red line, I'll take off all the longs and look to short on any bearish pin bars intra day or traps off High of day.
After that big run, big players cashed in at the top and will want to buy at low prices. I know that there will be resting orders down at 160 level because that was the start of the up move where a fundamental driver was announced. Markets have memories. A double bottom will likely be formed where all the retail traders will buy, maybe off the 200ema, then...