It does look the most like a consolidation here, preparing for another push up for the bulls.
60min: resetting on the stochs/rsi, and if we chop around any longer, that 200ma might very well come a prop-prop-propping up again.
Daily: Looking at the past 4 candles....that does not look like indecision, it looks like ALOT of indecision! Again, if one thinks for too too long, they are less likely to turn the ship around the other direction. 1 doji or 1 highwave....ok look for a reversal, but 3,4....etc...they start to get diluted and lose their reversal probability ya know.
(I am not participating heavily in it if it does push up. By choice I prefer to wait, and be mostly cash heavy till mid June and let some window dressing plays start tipping their hands. I'd would like to "try" to have more trends and probabilities in place to really mash the gas hard)
I am not an EWT trader, it's just a minor adjunct for me.