Disclaimer: This is for competition entry only into Bear + Bull Discord, macro view TA Challenge ONLY. - Recent price action continues to respect the downtrend (Purple Dashed Line) - First Half 2019 price action will recover 2018 highs ABC Corrective wave will be complete by end of Jan 19, a final 'capitulation' wick is likely to bounce off the Weekly 200MA and...
Based on a Wyckoff Accumulation Phase Cycle - We have entered a Phase D, could form a higher low on the CME gap bottm - Then Elliot Wave out of this zone, Target is China Announcement High
Decision time within this week or next week, 2019 key resistance levels incoming and the downtrend intercepting. Expecting some volatility shortly. I believe 5,888 will hold for 2019.