December 29, 2023 = weekly high.
After a 9-week bull streak, the first week of 2024 closed lower = strong weekly momentum reversal.
January 05, 2024:
Expect some sideways-to-up move into around January 11-12 (Thu-Fri) before the continuation of a weekly bear trend.
After a 9-week bull streak, the first week of 2024 closed lower = strong weekly momentum reversal.
January 05, 2024:
Expect some sideways-to-up move into around January 11-12 (Thu-Fri) before the continuation of a weekly bear trend.