Updating

Good morning everybody
I thought around two weeks ago that the market was going to move awway from this price zone but nothing happened.
Still waiting for an impulse strong enough to do the task.

I'm checking different scenarios with the expectation of getting more help during moments that look dull to see if they respond somewhat reliably.

Even though the leg that started in September has more to run timewise at least I'm very interested in determine if the up movement keeps going till April-May and then reverse or if the movement up is almost complete and now the price action is merely wasting time until it reaches that moment.

The correction in case of appear is not going to be substantial at least for a few months that view didn't change to me.
So if we have some meaningful correction in the next couple weeks (not 1-1.5%) the most probable moments should be:

1)In the next 48 hours

2)Between Jan 29 and Feb 3rd.

Again the movement should be swift, not stopping after a move down of 1% for instance, has to keep going down 8-10% withouth interruption.In that case the coming months will be a topping process where new highs are not acquired, or at least consistently.

If that kind of reversal is not attained means in my view that the move up has room to keep going up and not merely wasting time (the price action) till Apr-May, but going to new highs.

New highs is still my preferred view but will see if it holds in the next couple of days and to the first days of February.

Dan