Assuming 2090 holds here, this a path that is sufficiently erratic and ends up giving the upside to bulls without breaching key lines and after a bear trap.
Next 2 weeks key for this development.
The news flow required: 1 - some disappointing data early in January or Crude diving to 45 2 - Draghi delaying his QE until February which would disappoint in January and create a nice spike into march.
Stickiness of the rally just beyond key resistance into the march expiry and down.