The bullishness in the last few trading days suggests this market wants to head higher.
Putting the bearish bias aside, there might be a possibility of pushing up to ATH by September/October. This may be followed by a C Wave down as schools and major businessed start to open, allowing the fundamentals to come into play.
Currently, I believe the second wave of the move up is just starting. Invalidation will be a drop below 2765. Either way, staying short till the market starts to show signs of a rebound up.
So in summary,
Bullish short term
Bearish long term
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Didn't really expect this to play out but seems like it is. Currently at 3220 area and looks like the third wave of the final up wave. Looking for a pullback to buy back in and ride the last wave.