Hi Gino, apologies, not home today and not trading this week. To...

Hi Gino, apologies, not home today and not trading this week.
To answer your question, above 50 on the intraday would not indicate a move, either way. Needs to be up at 70 and with emotional volume to kick it along. I see IMU still in a sideways trading band, and until it breaks 10 or 13 it's not going to display anything really.
10 is one pip below support at 105. 13 is one pip above a small resistance of 125. AIMO.
On the daily, RSI is still 'overbought', well according to the books and a pink line at 70. Unless this drops below 60, then I see the RSI staying around the 70-80, which is possible if the IMU stays in the media and produces another PS Ann. Which is possible.
If it does break below 60, I would expect the SP to drop below 10.
Also note that the ema's are now catching up. So this may purely be consolidation (needed) for the next leg to 15, 175 all in wave 1 (EW).
AIMO, gotta go, soz for any typo's.