A theory that all this sideways trading since we hit the 5740$ high in mid August has been a complex correction to the move up from 5050$.
C wave may have finished at 5280$ and if we completed 5 impulse waves up from that low to yesterdays high at 5770$ then we may see a correction before another move up and a new high.
C wave may have finished at 5280$ and if we completed 5 impulse waves up from that low to yesterdays high at 5770$ then we may see a correction before another move up and a new high.
Note
Bounced off 1:1 extension and near 0.618 retracement level, wait and see now 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.