US100 FALLING to SUPPORT line

Autumn was very hectic for this index.
Global and local news led to strong price fluctuations with large spikes and falls over short periods.
But since late November, the price has entered a relatively moderate uptrend between the support and resistance lines. She hit the trend after breaking the support line

12250.2 and continued to rise until it touched the 12673.7 reversal line.
Here you need to take into account that the support line on this graph is the oldest, it has existed since July this year. The resistance is younger - all from October. However, during this period there were several touches of the line and none ended with a breakout. Each time the line reversed the price downward.
At the beginning of the week, the price came back to resistance at point 12748.5 and immediately after that fell sharply. But, without reaching support, it grew again.

After such a sharp jump, I do not think that the price will be able to break through the resistance line and rise. Moreover, we can already see on the chart how the price began to fall without even touching the line.
Due to this, I expect the price to fall. Thus, the final target I expect is the support line 12478.6.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻