I am anticipating a strong move higher over the next 5-10 years.
Ideally I want to see us break clearly through this resistance but already it looks quite clear we have bottomed by looking at previous history.
We are bouncing from monthly demand imbalance and we are now running into local highs where we generally see some volatility/pullbacks but longer term I believe we will overcome this and break higher.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.