Although a certain amount of caution is needed at the highs it doesn't look like this index will come back much more than 15 points or so before rallying again to retest the highs again. The chart pattern here is very postitive, so far. Now it needs to push through the highs and take out the stops just above current values, between 5447 and 5455. If it can manage this the move should be followed for a further 100 point minimum rally