To me, this looks like a formation. But then again, it's a bit too early to make the call. We need a good break of the .
Looking for a BUY if we close above 148.750 with a target of 151 for now.
Looking for a SELL if close below 148 with a target of 146.500 for now.
I believe that, once we get a nice break out of the , we will be seeing some one way traffic for a bit after that.
As always, keep an eye on the price action!