Fang,
The Ichimoku cycles and your rellys cycle analysis is still valid in my opinion, as we now have a more traditional monthly/ weekly breakout (consolidation since Jan 06) lending support to this notion.
If the price pulls back into the weekly triangle, then I would suggest a less bullish posture is called for.
A movement through 6.5c, and a lot of ppl will sit up and take notice...IMHO
