What to look for in the ASI during the week ahead?

ASI no doubt tried to move towards the heavy resistant area coming from the previous rally. But stalled short of the 13th October high of 6648 points. Fridays close was lower than the previous day. The high of Thursday was higher than Friday's making a lower high in the daily candle. This is however happened within the present uptrend with higher lows, that started from early September. Therefore we need to bow down to this up-trend until we see a failure below 6346 points, which happened to be the trend reversal that occurred during the start of the trend. As shown in the chart the market is sitting within a trend line drawn by connecting lower highs, and another line connecting the higher lows, which is a typical symmetrical triangle, that happens when the market is wanting to find a direction. As we are at the tip of the 2 trend lines the massage is clear. Any thing could happen either to break out of the top line or the bottom. Therefore having long positions to trade may not be the best, until a trend continuation is confirmed by breaking out of the upper trend line. Stock specific trading strategies would be more preferred than trading stocks based on the ASI.