The US Indexes on the Dow / SPX still continued their rally since the Low made on the 29th Sept. from about 15900 level to 17100... so far a 1200 point move.
I think we may see a top form into later today or into this weekend and see some sort of sell off from Sunday 11th or Monday 12th Oct.
Then it maybe a case of trying to predict October Options expiry...if that may be a high or low.
On the Dow I have 3 main price levels that my analysis indicates.
Lower resistance suggests = 17230.... above that Mid resistance = 17367...
Between these levels I have a few calculations suggesting this should be a strong resistance area.
If that breaks...then initially I am looking between 17600/17700 on a higher level.
On the Higher level , there is an interesting Trendline forming from a Oct 2011 low that also hit the Oct 2014 low as support.... and sometimes we see such trendlines hit later as resistance points. For this weekend my calculations suggest that would be at about 17630.