- #51,634
- May 22, 2026 2:41am May 22, 2026 2:41am
Price hasn't been in a uptrend since early April. And you have to be honest with yourself, without news, tweets, or some form of manipulation, it STRUGGLES to move up at all in a generic way 
On the daily, 50 day average (blue line) is closing in on the 100 day average (gray line). When that blue crosses below the grey, CTA algos flip with it. Right now, those algos, they're still propping this uptrend. But once that cross happens, expect volatility to kick back in just like before and a proper sell-off below 4000.
For the records that crossover doesn't happen often. Last time was in 2023… and we've been trending up ever since.
The trigger for sell-off is JUN contract expirations. Could happen before it. That's the pressure point. Attached an image.
My 2026 target hasn't changed: 3400. That's where I see price basing, chopping around, then gearing up for a move higher into mid-to-late 2027.
(Happy trading fellas
)
On the daily, 50 day average (blue line) is closing in on the 100 day average (gray line). When that blue crosses below the grey, CTA algos flip with it. Right now, those algos, they're still propping this uptrend. But once that cross happens, expect volatility to kick back in just like before and a proper sell-off below 4000.
For the records that crossover doesn't happen often. Last time was in 2023… and we've been trending up ever since.
The trigger for sell-off is JUN contract expirations. Could happen before it. That's the pressure point. Attached an image.
My 2026 target hasn't changed: 3400. That's where I see price basing, chopping around, then gearing up for a move higher into mid-to-late 2027.
(Happy trading fellas
)
The chart is fine. You are the variable.
- #51,637
- May 22, 2026 3:04am May 22, 2026 3:04am
- Joined Dec 2022 | Status: Trader | 1,065 Posts
I only follow traders with IQ above 160
