Continuing the path for higher

Although a fairly bumpy ride along the way up, the market managed to trend higher today with price now retesting the high that was made after hours following yesterday's close. Therefore, price is once again poised to attempt a breakout as wave (C) of 5, after the wave (B) of 5 turned into a wider, running flat that completed into the overnight low.

 Assuming price does successfully breakout to new highs from here, 6054 is the ideal minimum target to reach as wave 3 of (C) before pulling back again in wave 4 of (C). Failing to breakout on the current attempt could result in the larger 1-2 in red. Otherwise, it would take a break back below the overnight low at 5991 to open the door to anything more bearish at this time.