FMG Technical Analysis, page-10404

Bull run started from 8 September lows 1940 to today
Its in a rising higher highs higher lows pattern.

The prior 4 years of patterns and last years low on 31 October all ignored.
The bull run is based on the IOP strength which moved higher contrary to prior seasonal trends.

As a result the FMG SP has gone higher

The prior all time high (ATH) of 26.10 of 2021 appears to be the target for the bulls.
SHORTS are dead and failed to stop this sharp run up.

Today it hit near the ATH 26.07 and bounced down
Next few days the bulls will seek to run it past this ATH then the candles will tell the tale
Prior years 1 Nov to end Feb were BULL SEASON

This BULL SEASON has started early in early September
So either the BULL SEASON end early or it runs to the normal seasonal period.
This means there is more bull run to go here till end Jan at least.

So the BULLS target is 30.00 now but need to see how the ATH is treated by the SHORTS and BULLS and if it can be swept easy or resistance forms.
Now to call the sell top once the bearish candles appear which are nowhere in sight right now.

BURN them SHORTS, BURN.