Pretty big call this given what’s going on in the financial markets. This is one of the Reuters technical analysts who seems to be an Elliot wavist who pays a lot of heed to momentum indicators.
He says any rally past recent highs at $1575 would be a bull trap and gains should be limited to $1615 expecting a pullback to $1300 at least.
At least he’s had the courage to air his convictions clearly and put targets to his views.