Macro Idea for 2024 - Bullish or bearish?

This is a macro idea for 2024. This is the monthly showing a fib from the recent 2023 low to the most recent high. What we can see is the 50% Retracement level is right at a monthly FVG. The idea is if we are to stay bullish for 2024 we would NOT want to see any monthly candle close below the monthly FVG. I would like to see the FVG act as a support if we do have any sell off. Of course we still have a couple more weeks in January but if we do close January in a monthly bearish candle then we could see some continued sell off to come. If that is the case then I would like like to see this scenario play out where we sell into the M FVG and then find a bounce from those lows into a future buy side liquidity or FVG/order block (similar to red arrow). If it is a beginning of a bearish trend then I would expect to see a scenario where we bounce but then sell off again similar to the green arrow where we would most likely close below the FVG for confirmation. As of now I will be patient and just have this on watch. Overall I am still bullish for 2024 so I am kea big towards a red arrow scenario eventually blasting past ATH later in the year.