Here is the updated daily chart with the channels I use in all timeframes. I thought there might be some interested people and/or holders who might like to see this chart in order to speculate where the next opening might take place. Like will there be an opening gap? How far will the expected announcement take the SP next week and beyond? In TA terms, will it be a simple correction up? If so how far will it reach (see Fibonacci retrace levels) 38.2% and 61.8% are quite common. I did put in a new dashed lined channel - dashed for obvious reasons.
Because I haven't got a crystal ball at my disposal, so can't read Tuesday's announcement yet I won't even try to predict anything other than what I already have, as in expecting some more upside and possibly with an opening gap! Looking at the RSI it would agree and so the read falling line followed by the 50 line should be the first two targets.
MNS Chart, page-1364
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