Price is very strong, much stronger than the Dow. From here, there will be no more deep pullbacks, only sideways drifting. You can literally buy the all time highs at 5,400 and hold until 17,500
3 Month
Price will be contained within a slow drift higher until late 2027 until it catches back up with the trendline. It will then accelerate higher, breaking out at around 7,000 level
1 Month
In order for the slow drift higher in this channel, there will be only 1,500 points worth of range. Over the course of 2024-2027, to me that signifies a drop in volatility and a slow, choppy grind higher.
Weekly
Price is on track to hit 5,700 at the top of this spike and channel and grind higher until 2027 for the breakout at 7,100
Daily
Price gapped up and will continue to run higher until around 5,700 area at the top of the spike and channel.
Seeing how strong price is, I don't really know how deep the pullbacks will be inside of this channel
4 Hour
Looking at the 4 hour, I see a buy set up setting up right now that I will have to enter. Target of 5,700. I will need to wait for the break out of the counter trendline as it is still pulling back
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