I strongly believe that we are going to see a similar pattern emerge here as we did in the past since everything seems to line up quite perfectly. The key here is that it needs to hold the $39,500 area which still puts it at Higher Low from overall trend standpoint. I think February is when it will start to bounce back but until then it might hover around between 39K and 45k. Just an observation. let me know what you guys think. Not financial advice.
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