Upwards movement to a target at 1,338 was expected for Monday. So far upwards movement has reached 1,337.79.
A downwards reaction was expected after a strong upwards thrust. Fibonacci ratios are used as targets for this pullback to end.
Price is moving slowly higher as last analysis expected it to.
Sideways movement continues. The short term picture at the hourly chart level is now changed with changing market conditions. With the high remaining in place, the main wave count is the same at the daily chart level.