InvestmentTimer

InvestmentTimer

The weekly reached oversold status and that is usually a very good probability of a bounce, not clear at this point if the bounce will be substantial. My guess is towards the bottom of the upsloping trendline. 2025 will most likely be see-saw action. I doubt we'll see new highs in the next month or two.

InvestmentTimer

See text box on chart. It's going to be a tough year to determine direction. Lot's of see-saws likely due to new administration with lots of extreme policy changes. Trade smaller than usual, longer trends are less likely to develop, as opposed to the last 18 months.

InvestmentTimer

Variety of technical analysis tools point at two week upswing. Nothing is ever certain but this has a more than 50% probability with a more than 1.5 to 1 R. If you can trade at an average of 1.2R and 52% win rate you should go look at the math on that. Then compound that and you'll be astonished.