While that is my standing assessment, more importantly is this week. If my charting is correct, we are in minute wave 5 which will top up within the next 2-3 weeks. If this is accurate we could have a major week with a 20+ move up (if it moves lower, I assess we are in minute wave c of minor wave 2 and minor wave 1 occurred on May 20).
I am still working on my readings, but look forward to the week ahead. The catalyst for upward movement could be positive plans ahead of US-North Korea summit and trade deal between US-China that was achieved this past weekend.
-Elliott Wave Ideas (elliottwaveideas.com)