likely to follow the Weekly cycles towards new highs
And whilst the trend is above 1184/1191, it's following a move towards 1274.50 by November
Previous Weekly report
Consolidation above the October 50% level earlier in the weekly help set-up further gains later in the week, as the trend follows the weekly cycles
And the current price action suggests the trend will continue towards 1274 by November
Once again the levels in the 5-day cycle should hopefully provide a number of ideal/high probability trading set-ups.