I think it may go down a little in a congestion sort of move but it has defined a wider channel so a stronger move down will be bought into and expect 3800 in 2 weeks
C'mon, you can do better than that. I've read a bit of Al Brooks myself, and I know he does not throw any random numbers off of his head. Give me a reason why you believe we will reach 3800 in 2 weeks. And not just empty words but a chart with annotations a la Al Brooks style.
Al is a 5 min trader you should know that since you talk so much about him he may, like me, talk about secular longer type moves but he, like me, does not trade them. and what makes his style special?.
well the last time the market had closing below the previous week's low, was in 09/22/19. there is plenty of weekly strength too. shorting into this, is as a often trader said, is 'kama kazi'. that said there may be some downside on the daily but it would be slow with no follow up selling
3800 is the top of the broad channel it has defined. time it will take is anybody's guess maybe 4-8 weeks. I just said 2 weeks to gain attention.