I've been reading alot of ideas here on tradingview and a common expression is "History repeats itself". So why not?
I think we will see 1k around 23/12 - 24/12.
Now I expect an atempt to the privious ATH (X - Y) and a retracement to the 0.786 fib before we set an new ATH aurond 950-1000.
I´m looking for the break out at fib 0.382 measured from the 15/12 low, that also the bearish trend line. As well as the break out at fib 0.786 measured from the same low, thats the bearish trend line nr 2.
We migt be in the ABC Elliott wave correction, but we know that corrective waves retrace part of the previous trend but never move beyond the origin of the previous impulse wave.