Market Sense and Sentiment

[bbgold]

Hi Steve
I think 1280/1278 the pivot here now and could be retested.
As far as testing down to 1100 area by the end of the year that will have to be seen.
I think if we do retest 1280 area by mid Feb/Mar there could be another push towards 1350 by April 15th, maybe.
So we are due for another test of support, 1280 pivot 1240 megasupport, then bounce back to 1300/1330 resistance.
I am thinking in a short timeframe leaving mid Feb/Mar for another upside move.
In other words that chart will look much the same as it has the last 8 months, we shall see.
Have a Wonderful Week!