I have previously shared the same chart, updating it however, The market unless blown away with positive data this week will take a slow and steady approach to reach its 4300 resistance.
If we do see negative number tomorrow, likelihood will be the start of the downward trend towards 3970 and then possibly positive employment data later this month to bring it back into a bullish market further ahead.
The break out on the CCI is making me want to sell out but need to wait for it to break the 4 hour resistance before revaluating.
Time frames:
End of august for the top of the bull and by mid to end September we will see the bear and if so this will likely be the start of the downtrend.
Problem with speculating..... is that is all it is!
Staying in long until positive stop loss pops to give the momentum the space to go up.