Going a step further with Fully’s chart using the TSI indicator (which I have never used before)…

Here is the same time frame Fully used, but extended the reference back to the 70’s. Let’s see how this behaved with more hind sight.

Now add a view via the “noised reduce” monthly chart. It shows a more bullish picture, that the action on smaller time frame are pullbacks, and not yet sign of longer trend reversals…

So indeed, we are gonna pullback now.. How low? NorthStar’s 1400 sounds plausible… or anything close to that region. But the longer trend shows we have much more room to grow upstairs.