Strong rally in to a fraction of a pip above the July 30 high.
The bulls want the rally to continue to above the June 25 lower high.
Unless they get consecutive closes above the July 30 high, there should be a pullback over the next week. It could be sideways or down.
Yesterday was a bear day and today so far is a bear day. If it remains a bear day, there will probably be a couple small legs down to below the Aug. 13 high over the next couple of weeks.
There have been 3 pushes up in the bull channel from the Aug. 20 low. That is a parabolic wedge buy climax, and it often will attract profit taking. Increased chance of a pullback this week.
The bears want a reversal down from a buy climax and a double top. They then want a breakout below the Aug. 20 neckline of the double top and a measured move down.
It is more likely that a reversal down will be minor and form a higher low at around a 50% pullback and the July 21 low.
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