Short term update

The weekend forecast looks right for now - negative day or two and a bottom around 1200.
Now we have a lower low at 1202 with divergence and a strong reversal.
If I am right in the next two weeks we will see something like that shown on the chart.
Resistance is 1300-1305, previous move was 108 points added to 1202 is 1310. So watch this area.