Looks to me like we have a cup handle formation, this would fit in the steady upside of the 3 day RSI and also the 3 day channel drawn on the price chart. 3 Day moving average is now on the upside.
So in conclusion i do expect a rise to 4500 on this next leg up. There is plenty to be wary of as i do not think it will take much to turn this to the bearish sentiment again, but for the time being i will be looking for the upside.