continue to trade in a strong higher-fractal expansion, with price pressing toward the upper VC PMI resistance band on the 15-minute structure. The market is currently holding above the Daily VC PMI pivot near $94.60, which confirms bullish price momentum and keeps the dominant trend aligned with continuation rather than mean reversion. The recent surge toward Daily Sell 1 near $98.51 and Daily Sell 2 near $99.94 reflects acceleration within an active momentum cycle, supported by expanding volatility and persistent bid behavior on pullbacks.
From a time-cycle perspective, the 30- and 60-day harmonics remain synchronized in an expansion phase that began earlier this month. This alignment typically favors trend-follow-through rather than deep corrective retracements. The next short-term inflection window is projected into January 27–30, where volatility compression often resolves into a directional move. As long as price holds above the Daily Pivot, this window favors a bullish resolution toward higher resistance objectives rather than a full reversion to the mean.
Square of 9 geometry projects the current price spiral into a resistance zone clustered between $99.50–$101.25, which aligns closely with the Weekly Sell 2 near $101.25. This geometric confluence marks a potential “energy point” where trend traders may take profits and counter-trend participants may probe for exhaustion. A sustained close above this band would activate the next higher fractal, shifting former resistance into structural support and opening the path toward the next projected square levels above the $105 handle.
On the downside, layered support remains well-defined. The first structural defense sits at Daily Buy 1 near $92.45, followed by Daily Buy 2 near $88.54. Below that, the Weekly VC PMI near $87.40 represents a critical mean-reversion magnet. A failure back below the Daily Pivot would signal a momentum reset, increasing the probability of rotation back toward these lower VC PMI bands before the broader trend can reassert itself.
The MACD structure remains compressed around the zero line, suggesting energy is being stored rather than released. This condition often precedes an expansionary move when aligned with time-cycle windows and geometric resistance. Traders should monitor closing behavior around the $99.50–$101.25 Square of 9 zone for confirmation of either continuation or rotational mean reversion.
Disclosure: This analysis is for educational and informational purposes only and does not constitute financial advice. Trading futures and options involves substantial risk of loss. Always consult a licensed financial professional and use proper risk management before making any trading decisions.
