TA perspective 20 Jan 2022;
The SP run may have hit resistance at .072 / .073. What a great breakout of the trading channel over the past week(s).
We may be in oversold territory and need a quick break before the SP can continue up. Potentially may see a quick 38% retrace back to .053 ish before taking the next step up as a backtest of the channel.
Next targets could be .086 and then .127
All IMO and open to open POV's. Please DYOR and GL to all holders. Exciting 2022 ahead of us.
TA perspective 20 Jan 2022; The SP run may have hit resistance...
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