I'm finding it really hard to be bearish on this index, which is a slightly worrying thing in itself, but the recent price action can't be ignored. This index is going up in a straight line since the end of October and I can barely find any correction to even attempt a count on my "5th wave". I would expect a pullback at some stage although when you look back at this index the pullbacks tend to be sharp but short. The orange line the January 2018 which it has just broken. Lets see if it can hold here.....